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‘It’ll go above $100m’: Hedge funds focus on star hires as axe falls

The hiring market in the sector faces tough challenges this year, unless you are among the best of the best

By Bilal Jafar
Star portfolio managers can make a huge difference to the performance of a hedge fund, and firms are digging increasingly deep to lure talent across
Star portfolio managers can make a huge difference to the performance of a hedge fund, and firms are digging increasingly deep to lure talent across Illustration: FN staff

For all the millions of dollars that hedge funds have shelled out for star portfolio managers, performance has still been bumpy for many of the biggest firms this year.

Hedge funds have handed packages of more than $50m to bring in the right people, but big-ticket hires mask a new reality for many in the sector.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink

PNC Names Former BlackRock Star Mark Wiedman as President

EU Has Plan to Retaliate on U.S. Tariffs, Von der Leyen Says

How Is SoftBank Funding Its Mega Investment in OpenAI? A Lot of Debt

Larry Fink Says Regular Americans Need Private Assets Too