Alpha Mail (October)

Alpha Mail - A monthly email update from AllAboutAlpha.com

Dear Alpha Mail Subscriber:

When signs of hope began to emerge last spring, there was much talk of green shoots not only in the economy, but also in the hedge fund community. It seems those green shoots have now taken root. In October, we learned that there was "no end to the pull of alternatives" for institutional investors, that hedge fund indices were nearing all-time highs, and that hedge fund hiring was "bouncing back."

Executive recruiter Heidrick & Struggles recently released a report in which it characterized hedge fund hiring this way:

Q1: "...Little/no search activity post Lehman demise (mid September thru March) and little emerging manager/hedge fund activity..."
Q2: "...Hedge funds started to make hires, candidates also see hiring activity picking up. Pick-up as well in hedge fund formation activity..."
Q3: "...Employers who held onto the viewpoint that 'the talent pool will only get richer over time' now more active in hiring and taking advantage of the available talent. In addition hedge funds now competing for talent with endowments, foundations, traditional asset managers, and asset management and prop desks of banks..."

The firm goes on to name names in this newly recharged talent derby. It also states that hiring is now happening across a full breadth of disciplines from investment and marketing to operations.

So here's to some good news for those of you (most of you) who supply talent to the alternative investment sector.

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