Sector: Quantitative Analytics
Asset managers, hedge funds court quants
Investment banks used to have the pick of the bunch when it came to PhD students with impeccable maths. These days, hedge funds and fund managers are treading on their turf. “Fund managers are increasingly looking for quants to build algorithmic trading models,” says Joanna Cohen, a consultant at recruitment firm Huxley Associates in London. [...]
Pensions advisory groups tap actuarial talent
While investment bankers and traders are reportedly scooping up hefty bonuses, a lesser known subsector of the financial services community is not doing too badly either. Actuaries are flavour of the moment with investment banks. Recruiters in the US and Northern Europe say corporate pension deficits are driving demand for actuaries who can help match [...]
Portfolio trading sales to do more with less in 2006
It has been a good year for anyone engaged in programme trading. But recruiters warn of disturbances to come, particularly for people selling electronic trading products. David Korn, managing partner for Europe at executive search firm Options Group, says bonuses in portfolio trading should rise between 15% and 20% this year. “It has been a [...]
Risk sector view: Banks gearing and paying up
It’s been a good year for risk specialists. The gurus of disaster prediction and mitigation are back in fashion, and they can earn sizeable premiums applying their talents in industry hot spots. Recruiters globally report robust demand for risk experts across the three main areas of the profession: credit risk, market risk and operational risk. [...]
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