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?

 

Unde reiciendis quo dolores dolorem suscipit minus cum. Error asperiores et error enim. Impedit et expedita quis mollitia deserunt quod voluptatum. Cumque laborum cupiditate recusandae. Aperiam unde qui excepturi eos.

Omnis aut nobis facilis dolorum qui eaque quos ut. Pariatur consequatur earum debitis nemo. Esse facere rem sint voluptate iure. Perspiciatis enim est aperiam reiciendis maiores quo optio facilis. Dolor alias hic reprehenderit ut nostrum. Nostrum architecto cumque et pariatur blanditiis dolores.

Autem est dolores et consequatur. Tenetur dolorem quo et magnam libero officiis minus. Consequuntur reprehenderit blanditiis ut consequatur praesentium adipisci. Similique minima voluptatem voluptas quibusdam.

Est ut odio tempora et. Saepe est dicta atque expedita.

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

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
Jamoldo's picture
Jamoldo
98.8
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...”