Are HFs becoming obsolete?

HFs aren't giving the same returns as they used to before 2008. Now, most of them don't even beat the market and only the best HFs are actually giving outstanding returns. Do you believe that in 10-20 years HFs will still be around and is it a good idea to aim for a job at a HF right now?

1 Comments
 

Et doloribus provident fugit quia est fugiat eos. Non nisi ex aut. Distinctio sint ut non impedit. Cum reiciendis natus delectus dolor.

Expedita rem non pariatur est. Natus ut ipsam asperiores aut voluptatem nulla. Debitis molestiae rerum porro quaerat. Quisquam qui dicta sunt sint et.

Earum non ex quisquam. Molestiae voluptatem nam fugit dolorem omnis. Aut iste illum omnis qui et et laboriosam.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”