A major fund is seeking candidates having a track record of one year with a PnL of ~100 million USD. What are they looking for in the applicant's response? Assuming a Sharpe of at least 1.5. - I have $10 million and make 10x my capital in 1 year? - I start with $25, 000 and use 20X leverage to trade S&P 500 futures? - Other ideas?
Yes. For those candidates you have arrived at the right place. Almost any Elitetrader can probably qualify ;-)
I'm assuming this has to be a fund like RenTech or Millenium. I'm assuming applicants are using some sort of mean-reversion with hedging to produce profits like this?
The role This is an excellent opportunity for an experienced Senior Portfolio Manager to partner directly with an industry-leading firm and a reputable CIO with a proven track record to help identify new investment strategies and maximize portfolio returns while balancing risk. To be successful Candidates will have a good track record with a live strategy that has been operational for at least one year with a PnL of ~100 million USD.