Hedge funds face tighter employment market in 2010

January 15, 2010

Top hedge fund talent will seek high-quality, stable companies in 2010 according to Claude Schwab, head of the US hedge fund practice and a partner at Heidrick & Struggles.

The availability of senior top talent is decreasing as hedge fund investment professionals re-surface at other hedge funds, proprietary trading banks, asset management companies and a host of other destinations including endowments, foundations and family offices. ... (read more)

Hedge Funds Poised For Big Inflows

January 15, 2010

Following their best year in a decade, hedge funds are getting ready for their reward, in the form of strong inflows.

Investors who stayed on the sidelines last year—gun-shy after one of the worst years in hedge fund history in 2008—are set to jump back into the asset class this year in a big way, according to fund of hedge funds shop Gottex. ... (read more)

Hedge funds set for bumper 2010 inflows: Gottex

January 13, 2010

Hedge funds are set to see solid inflows in 2010 after a strong performance last year virtually wiped out the heavy losses seen in 2008, Gottex head of European business Max Gottschalk said on Wednesday.

Investors who remained invested in hedge funds through the financial crisis are by and large very pleased with how they have performed, and many who pulled their money out are now returning said Gottschalk, whose Swiss-based company manages almost $9 billion in funds of hedge funds. ... (read more)

Hedge Fund Recruitment Specialist, Edwin Ostrand, Forecasts Increased but Focused Hiring in 2010

January 12, 2010

Veteran hedge fund recruitment specialist Edwin Ostrand, today forecasted increased and highly selective hiring by the hedge fund industry in 2010.

"Hedge funds are hiring again. That's the good news," said Ostrand. "However, the most successful ones are engaging in highly focused searches for specific skills. They are not looking randomly for talent on job boards.  They are looking for specific talent that brings them not only skills and value, but also passion and a good corporate fit. They are using specialized recruitment firms to find them as they realize the very best talent, in most cases, may not even be looking to move to a new firm." ... (read more)