Thursday, 2 October 2014
Last updated 38 min ago
Mar 19 2010 | 9:45am ET
Hedge funds may be salivating at the opportunity to snatch top talent from banks if the Volcker rule becomes law, but they may have a poaching problem of their own.
U.S. family offices are set to step up their recruitment of hedge fund professionals. And those professionals are likely to be receptive, according to a new survey from Hunter Advisors.
Some 90% of the respondents to the recruiting firm’s survey said they would consider taking a job at one of the country’s 300 to 500 family offices, despite the lower pay.
“They’ll make the jump because of the stability,” Greg Coules of Hunter told Reuters. “Also, the culture and the lifestyle at these big institutions is tough.” Family offices offer “a much more genteel environment.”
The Volcker rule would bar banks from owning, sponsoring or investing in hedge funds.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...