For those that have worked at both LO’s and HFs, why do you think LOs consistently underperform?
Are they too sleepy? Poor incentive structure? Talent drain? Multi-strats shrinking alpha pools? Curious anyone’s thoughts
Are they too sleepy? Poor incentive structure? Talent drain? Multi-strats shrinking alpha pools? Curious anyone’s thoughts
Career Resources
you get paid on aum and hugging the inde,x not to take risk and find alpha
so incentives
You can't underperform the benchmark if you don't have a benchmark
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