A Hot Hedge Fund Job Niche

October 18, 2010

Bonuses for the IT staff at hedge funds have doubled in the past year, despite the troubles affecting the overall sector, reports Network World. Hedge fund IT staff can expect bonuses in the 50 percent plus range, which is nearly double the 25 to 30 percent bonuses they received last year, according to data compiled […]

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Hedge Fund Manager among the World’s Youngest Billionaires

October 11, 2010

Hedge fund manager John Arnold, 36, made the list of Forbes Magazine’s youngest billionaires, with a net worth of $4 billion. Surprisingly, that only put him at number 212 on a list of 937 billionaires worldwide. Arnold started as an oil trader for Enron in the 1990s. When Enron collapsed, he founded Centaurus Advisors, LLC, […]

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How Hedge Funds Lure Proprietary Traders

October 4, 2010

The passage of the Volcker Rule in July is having its effect on hedge funds. The Volcker Rule limits banks from making risky bets with their own capital and from investing more than 3 percent of assets into hedge funds or private equity firms. There’s already been talk that major banks such as Goldman Sachs […]

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From Farmer’s Daughter to Hedge Fund Manager

September 27, 2010

You may not think being a farmer is a natural starting point for having a hedge fund job or running a hedge fund. But when you consider today’s volatile commodity markets, you may change your mind. Renee Haugerud’s father was a corn farmer in a small Minnesota town. Haurgerud says she got bitten by the […]

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Dream Job for New Hedge Fund Managers?

September 20, 2010

Citadel Asset Management, one of the giants in the hedge fund industry with $11 billion under management, has just launched an office in Boston to spawn the next generation of hedge fund managers. Citadel founder, Kenneth Griffin, reportedly got his start investing while at Harvard in the late 1980s. Now he wants to hire investment […]

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Getting More Women into Hedge Fund Jobs

September 13, 2010

Go work in a bar. That was the suggestion a friend gave Sara Grillo, after she lost her job at Lehman Brothers in 2008. Two years later, Grillo is co-manager of hedge fund advisor Diamond Oak Capital Advisors LLC, and is campaigning to help more women get into the finance industry. Grillo has set a […]

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Hedge Fund Seeding Creates Opportunities

September 6, 2010

Although money has been flowing back into hedge funds, much of it has gone only to the biggest, most established funds. Investors burned by the financial crisis, lock-ups, and even fraud have opted for the safety and transparency of big funds over the potential returns of a newer, smaller, more aggressive fund. But this has […]

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