Hedge Funds: currently 450 jobs.The latest job was posted on 05 May 16.
Hedge Funds Jobs
It was not long ago that hedge fund jobs stood outside standard financial services. But, as the hedge fund industry has grown, and become more widely accessible, the overlap with traditional long-only asset management has continued to strengthen.
The term ‘hedge fund’ comes from the focus on generating a positive return regardless of how the more general market for equities and bonds might be performing, effectively providing a ‘hedge’ against the more conventional investment strategies.
The Path to Positions in Hedge Funds
The most successful applicants for hedge fund jobs usually have a proven track record in trading or fund management and choose to focus on a specific category of hedge fund.
Global Macro Funds focus on holistic global trends, as opposed to individual stocks and shares. Event Driven Funds will require hedge fund managers to use their extensive experience to predict one off events such as mergers and acquisitions and take the appropriate position to generate the greatest level of profitability.
For hedge fund managers looking to exploit price differentials in parallel products, Relative Arbitrage funds are ideal. Hedge fund jobs can also be found within ‘Funds of Hedge Funds’ where a collection of hedge funds are used to diversify the level of risk associated with any single type of investment strategy.
Types of Hedge Funds jobs
Within the hedge fund industry there are all manner of jobs available from senior traders through to support staff.
It is usual for novice hedge fund managers to start in analysis, gaining experience of what makes a strong investment opportunity. As experience grows analysts will then start to choose which transactions the traders carry out to the ultimate benefit of the client.
Sales and marketing jobs focus on promoting the service to potential clients and building relationships with existing investors. However other support functions including HR, compliance and operations are also required.
Roles in London, Zurich, New York and Singapore are commonplace within hedge funds. And if you have the drive and ambition to succeed, hedge fund jobs can provide the opportunity for outstanding success.