Hedge Funds: currently 527 jobs.The latest job was posted on 05 Dec 22.
Jobs in Hedge Funds
Jobs in hedge funds are some of the most sought after in the finance world. A career in hedge funds can be a white-knuckle, high risk affair, but the rewards can be huge.
What is a Hedge Fund?
A hedge fund is a pool of funds which is aggressively administered, using high risk investment strategies. Although the name comes from the notion of 'hedging your risks', and hedge funds originally developed in order to mitigate investor risk, today's hedge funds are among the riskiest of all investments, and are typically only available to sophisticated and wealthy investors.
Types of Hedge Fund Jobs
Jobs in hedge funds tend to be either in analysis, sales or trading. Hedge fund analysts closely follow the companies or markets the fund invests in, making recommendations to the traders.
Hedge funds sales professionals sell the merits of the fund to investors, and spend a great deal of time on client liaison and investor relations.
Hedge fund traders operate largely according to the analysts' recommendations, and carry out the actual buying and selling of financial products.
Recruitment and Prospects
Many hedge fund jobs are not widely advertised. Those that are attract the very highest calibre of applicants. An MBA is usually the minimum entry requirement.
Although a senior hedge fund manager will take home a huge share of the fund compensation, entry level positions are much more modestly compensated; it can take many years of skill and experience to reach the highest paying positions.
Hedge funds often do not offer training programs, so many hedge fund managers are recruited mid-career, when they already have extensive financial market experience.
Some of the most sought after candidates are those who blend financial experience with in-depth knowledge of a particular industry.