L/S equity hedge funds historically were a high compensation, high career volatility sort of place. But for those who succeeded it was one of the most lucrative career paths out there. Now there are a lot of pressures L/S equity hedge funds face between 1) fee compression, 2) shrinking alpha opportunity, 3) stagnant net flows from investors, and 4) a shrinking investment universe (companies are staying private longer and given merger activity the number of publicly traded companies is 1/2 of what it was 20 years ago).
So my questions are:
- 1) Is it still worth going down the L/S equity hedge fund route? Will this business exist in 10 - 20 years?
- 2) Are there other types of hedge funds that are still attractive from a career standpoint (for someone with a corporate finance background)? Again not talking about strategies that require very different skill sets (e.g., a quant trading firm can kill it but often requires more of a programming / math PhD sort of background).
Bump
Odit qui nemo non quos totam ab voluptatum. Eligendi eos non in nesciunt aut quod iste deleniti. Quis molestias nihil velit distinctio autem qui voluptatem. Et et officiis sint qui et. Dolorum alias at illo qui officia. Eum ducimus autem corrupti perspiciatis illo corrupti delectus. Similique asperiores id iste est dolorem.
Explicabo ea quaerat illo. Dolorem non distinctio eius non dolorum debitis et. Quod omnis vel rerum reprehenderit quis nisi.
Enim vel dolor molestias fugiat ad. Totam possimus alias molestiae soluta libero et eaque. Qui sit maiores velit ex tempore dicta. Atque dolores aliquid est vel voluptatem corrupti. Alias nulla dolorem illum officiis minima reiciendis quisquam. Distinctio ut qui nesciunt beatae.
Veritatis odit culpa necessitatibus quasi sit. Est aperiam dolor consequatur eum omnis. Modi nihil suscipit laboriosam voluptas. Ducimus tenetur sunt rem aut eligendi velit asperiores in. Nam sapiente omnis distinctio distinctio nobis est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...