Hedge Fund Jobs Bounce Back after Woeful Summer

(I-Newswire) October 13, 2009 - (October 12, 2009) – After declining for most of 2009, there was a major spike in new hedge fund jobs in September, according to a research report released today by HedgeFundJobList.com. The six month decline in new hedge fund jobs hit a record low in August before bouncing back 104% in September to the highest level since April. The report predicts that greater financial market stability, among other factors, will lead to better conditions for hedge fund job seekers throughout 2009 and into 2010.

"Widespread liquidity issues, investor redemptions, and general marker malaise combined to bring hedge fund hiring to a near standstill," says Josh Gnaizda, Managing Director at HedgeFundJobList.com. "The recent financial market stability is reinvigorating the market for qualified hedge fund job candidates.”

In addition to analyzing current hiring trends, the 2009 Hedge Fund Employment Report uses a multi-factor model to determine the top cities and states for obtaining a hedge fund job. New York, Connecticut, and Massachusetts rank highest among states. Surprises in the Top 20 include Minnesota (#8), Colorado (#11), and Washington (#13). The top cities for finding hedge fund jobs are Greenwich, Boston, San Francisco, and New York.

The report also outlines common hedge fund job positions, typical job requirements, and examines the impact of proposed hedge fund regulation on future hiring trends.


The entire 2009 Hedge Fund Employment Report can be found at: http://hedgefundjoblist.com/2009HedgeFundEmploymentReport.pdf

About HedgeFundJobList.com:
HedgeFundJobList.com is an independent research firm helping job seekers identify and locate alternative investment employers by providing high quality hedge fund contact lists, maintaining a daily job blog, and providing timely research and other valuable hedge fund job resources. Thousands of institutions and individuals have utilized HedgeFundJobList.com to navigate the often opaque hedge fund industry. Recent media appearances include PBS’ “Nightly Business Report”.

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HedgeFundJobList.com
Josh Gnaizda
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