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Business

The Hedge Fund Comeback

Source: https://www.reveliolabs.com/news/business/the-hedge-fund-comeback/

This week, we collaborated with Hedge Fund Alert to track hedge fund hiring trends as people return to offices. Our analysis shows that after a dip following the pandemic, hedge fund hiring rates in 2021 are greater than they have been in 8 years and are continuing to rise sharply.

Looking at the headcount growth of certain roles in 2021 versus 2020, we see that there is a strong growth of senior roles with engineering and technical focus. Traditional banking roles, which are still strong in absolute numbers, are seeing a relative decline. This may be due to the industry’s growing focus on algorithmic trading.

When inspecting the share of incoming employees hired for senior level positions, we see that hedge funds are hiring a more experienced engineering workforce in comparison to their finance workforce. Like we saw a few months ago in The War for Talent: Hedge Funds vs Big Tech, we continue to see that hedge funds are poaching these senior engineers from big tech.

Key Takeaways:

  • Hedge fund hiring rates are at an all time high, with a monthly hiring rate of 3.6 percent.
  • The fastest growing roles are senior software engineers and other tech-focused roles.
  • The incoming engineers tend to be more senior than finance focused roles.

To learn more about the data behind this article and what Revelio Labs has to offer, visit https://www.reveliolabs.com/.

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Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us

GET WEEKLY ALERTS

Sign up to receive our stories in your inbox.

The email you entered is not valid.

LET US HELP

Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us