Sector: Hedge funds
Activist Hedge Funds Primed for Explosive 2013
Once known as the corporate pirates on Wall Street, activist investors have seen their reputations – and the impediments to their success – subside in recent years as smaller investors have become equally thirsty for change. The end result is a climate ripe for large, well-capitalized activist hedge funds and those who work for them. […]
Tudor Eyes Traders, Muni Analysts Wanted
Here are the main job opportunities of the last week. Tip: Demand for Muni Analysts Peaking The downgrading of bond insurers linked to the subprime-mortgage collapse – along with recent bankruptcy filings by local governments – has contributed to a hazy bond market, creating a high demand for skilled municipal market analysts. Pay is on the […]
Tudor’s Change in Strategy Opens Seats
When a flood of employees walk away from a firm in the current economic environment, it’s almost always due to a negative event. Either a hedge fund is hemorrhaging money or a bank’s deeply embroiled in scandal, adversely affecting business. Or, as with the case of Cantor Fitzgerald, the firm’s just a revolving door. Greenwich, […]
Morning Coffee: Why Your Paycheck Just Got Smaller
The fiscal cliff compromise predominately affects the wealthy, but one often overlooked aspect is getting more attention as workers of all pay grades are finding a few dollars missing from their paycheck, many not knowing why. The answer is an increase to the Social Security payroll tax, which, in actuality, isn’t an increase at all; […]
Morning Coffee: Libor $candal Gets Personal
Want to know why banks are being fined record sums for their role in the Libor rate-fixing scandal? They had the potential to gain, or lose, tens of millions of dollars for the slightest change in the differential of rates, at least as of 2008. The number comes from a Wall Street Journal analysis of […]
Morning Coffee: U.S. I-Bankers Beat Europeans
The European investment banking world took it on the chin last year, generating only 23% of global investment banking revenue, the lowest share on record, while the U.S. accounted for its greatest revenue share in nearly a decade, according to Dealogic. The numbers underscore an alarming trend for European investment bankers, but one that’s well […]
Twenty Financial Services Firms That Will be Hiring in 2013
It’s been a turbulent year in finance, with layoffs, scandals and depressing balance sheets making most of the headlines. Large banks have cut tens of thousands of employees, hedge funds are closing on a daily basis and compensation is being cut across the board. Still, some finance firms are fighting through the regulatory red tape […]
Wealth Management Offers Best Chance for Employment in Financial Services
Jobs in private banking and wealth management grew the most in 2012, with a 42 percent increase over 2011 in postings on eFinancialCareers.com. “Wealth management operations are not as balance sheet sensitive,” said Constance Melrose, Managing Director of eFinancialCareers North America. “For many firms, that is attractive, especially as the baby boom generation enters retirement.” […]
Weekly Minute: French Banks Eyeing U.S. Talent, Compliance Hiring to Spike
Here are the main job opportunities from the last week. Tip: Eight Hedge Funds Most Likely to Hire While most hedge funds have toiled through a generally difficult 2012, a handful have had very strong years, and are well position to hire in 2013. Bluecrest Capital Management, Winton Capital Management, D.E. Shaw and Bridgewater Associates […]
Morning Coffee: Are Hedge Funds Becoming Endangered?
If it seems like a hedge fund closes every day, they don’t. They’re actually closing at a much faster rate than that. More than 400 individual hedge funds were shuttered during the first half of 2012, a 14% increase from a year earlier, according to Hedge Fund Research. Several big names have closed recently. Three […]
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