The chapter delves into the rapid growth of the hedge fund industry, exploring how hedge funds have tripled their assets and attracted more money and talent over the past few decades. It discusses the competitive and high-stakes environment of hedge fund investments, the industry's historical reliance on experienced professionals, and the shift from fixating on superstar traders to focusing on broader talent recruitment strategies.
As the $4.3 trillion hedge fund industry has boomed and competition for talent has intensified, firms are turning to a new strategy to get ahead: in-house boot camps. The goal is to mold promising new hires into future superstar traders.
Today on the show, Bloomberg’s Nishant Kumar joins host Sarah Holder to discuss what goes on inside these training programs — and what their rise means for the future of the industry.
Read more: Hedge Fund Talent Schools Are Looking for the Perfect Trader
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