130/30 Experts: pick your compensation… “attractive”, “competitive”, or “outstanding”
Jan 22nd, 2008 | Filed under: 130/30, Portable Alpha & Alpha/Beta SeparationAccording to a survey released on Monday, asset management staff turnover in the UK has reached new heights. Thomson Investment News comments:
“The number of staff changes at UK equity teams for the three year period to June last year rose to 72 pct, compared to 51 pct between 2004 and 2006…competition for talent is the main driver of the high turnover as only 15 pct of staff movement was the result of individuals being transferred…”
On the other side of the Atlantic, this seems to translate into an apparent need for 130/30 experts. Do you pay “extreme attention to detail” and looking for “attractive” compensation? Then a leading NY-based quant manager wants you. The firm is one of three that has recently posted 130/30 jobs at a popular financial career site. According the posting:
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