By Michelle Jones on December 4, 2015 2:25 pm in Top Stories Hedge Fund Talent – Hedge funds are constantly jockeying for position to not only generate alpha for their clients but also post returns that are the highest as possible relative to those of their competitors. A big piece of the puzzle in this area is having the right talent, and competition in the hedge fund industry has been climbing as finding enough talented portfolio managers to fill the growing need is becoming harder and harder. So where are hedge funds finding their talent these days, and how are they retaining their best employees? Barclays’ Strategic Consulting team put together a report entitled “The Right Stuff: Trends and practices in talent management at Hedge Funds” to answer these questions and more. Sell-side drying up as a source of talent for Hedge Fund talent Hedge funds of all sizes have been watching their assets grow steadily in recent years, so they simply need more talented people. Traditionally, they’ve gobbled up the best analysts from sell-side banks, but they’re having to look elsewhere for talent because according to Barclays, the sell-side faces a challenge in attracting talent “because it no longer appears to occupy a preeminent position in new graduates’ minds as they think about career opportunities.” As a result, recruitment on the sell-side is now much smaller than it once was. Recently we’ve seen a trend of major technology companies stealing the best analysts and financial experts from major banks and firms. One of the more high-profile moves from Wall Street to Silicon Valley was Google’s hiring of former Morgan Stanley Chief Financial Officer Ruth Porat, who has had significant positive impacts already in her time there. As such, the top talent from Ph.D. programs and universities are more interested in taking a job with a tech firm than with a sell-side bank or hedge fund. http://www.valuewalk.com/2015/12/he...m_campaign=EMAIL_DAILY&utm_content=quick_link