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Inside the Hedge Fund Boot Camps Where Star Traders Are Born.

Authors :
Fox, David
Source :
Bloomberg.com; 6/19/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Hedge funds have traditionally relied on experienced professionals from investment banks to manage their funds, but as the industry has grown, finding talented individuals has become more difficult. To address this issue, hedge funds are now creating in-house boot camps to train and develop their own traders. These boot camps provide a combination of classroom teaching, on-the-job experience, and mentoring to mold promising hires into successful investors. This new approach has shown promising results, with some top firms seeing returns of 10% or better. The rise of these boot camps could lead to more efficient management of funds and potentially more money left for investors. [Extracted from the article]

Subjects

Subjects :
HEDGE funds
ENDOWMENTS

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
177961683