Directional Macro Hiring Plans (London)

Hi everyone,

I'm looking for advice in terms of when recruitment in this space is likely to pick up for directional macro teams based in London?

Seems a lot of funds froze hiring or did large layoffs due to poor 2023 performance regarding Fed rates. I'm seeing some roles being advertised this year but only for people with years of track performance for the same level role I.e. lateral hiring, which typically only happens during poor job markets.

With the escalation in geopolitics globally, as well as the volatility coming from the outcome of the US elections and a potential return of global inflation, my logic is that 2025 will be a more fruitful year for recruiting especially when a few funds have had decent performance this past year recouping losses from 2023.

When I am referring to recruitment picking up, I am mostly referring to more junior roles which require some form of previous experience in the space at analyst level, rather than years of track as a manager.