AMA (or sort of): Platform HF in Singapore

Actual strategy and learning.
I'll focus on the learning part because if your mandate is low net / delta neutral then the strategy really isn't that different across a multi-manager platform and a single manager/boutique. Learning, growing and evolving is continuous, not because you choose it but because its necessary. This job keeps you humble, especially when its more likely than not, every one of your three calls you get wrong. And when you're constantly asking yourself what you're missing and what could go wrong That being said, I am sure there's plenty of learning across the kinds of HFs you mentioend. My guess on what's different is the intensity and the costs of not keeping it up. Also learning is a lot less enjoyable when the alternative is mediocre pnl (or worse still, surivival). As an example, I've not been here that long but am now the 2nd longest serving employee on the investments team. Darwinism is very apparent and keenly felt in a platform HF, well as Charles would say, "adapt or die".

Longevity and comp.
As for comp, I believe there's nowhere that would pay you as much as a platform HF in today's market, at least in Singapore. Of course, there may be an odd fund here and there that has a killer year and all employees get a payday but as an institution and on average, the platforms are hard to beat. There's also a lack of "talent" in the market. Not because what we do is rocket science but because you need a certain amount of time in the markets trading for a platform HF to really understand what's needed and not many PMs or platforms have the luxury of time to train you. Kind of a chicken and egg theory.
As for longevity. Always tough for platform HFs because the turnover is so structurally high. I'm of the view almost every PM blows up at least once. In fact, it may even be necessary to be a well-rounded PM.