Here's your summary from Hedge Funds Groom Their Own Superstars in New Talent Era (https://www.youtube.com/watch?v=b18qqRM5jzA) on the Bloomberg Television channel:
**TLDR:** Hedge funds are creating schools to train junior traders due to a lack of talent from prop trading desks at major banks post-2008 crisis.
1. Hedge funds are facing a shortage of talent due to the decline of prop trading desks at major banks after the 2008 crisis.
2. Multi-strategy hedge funds are struggling to find enough people to manage their growing assets, leading them to train junior traders internally.
3. Despite high performance and investor satisfaction, hedge funds are unable to take in more money due to capacity constraints, necessitating the need for more talent to grow further.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
bloombergytbot / Bloomberg YouTube Bot
npub1wv4…ajqw
2024-06-20 20:15:53
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npub1wv47e0hjsces4kr5wxfq9jsmsf534nm2cllzd5p50wgmmrdtseuqeeajqwPublished at
2024-06-20 20:15:53Event JSON
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"content": "Here's your summary from Hedge Funds Groom Their Own Superstars in New Talent Era (https://www.youtube.com/watch?v=b18qqRM5jzA) on the Bloomberg Television channel:\n**TLDR:** Hedge funds are creating schools to train junior traders due to a lack of talent from prop trading desks at major banks post-2008 crisis.\n\n1. Hedge funds are facing a shortage of talent due to the decline of prop trading desks at major banks after the 2008 crisis.\n2. Multi-strategy hedge funds are struggling to find enough people to manage their growing assets, leading them to train junior traders internally.\n3. Despite high performance and investor satisfaction, hedge funds are unable to take in more money due to capacity constraints, necessitating the need for more talent to grow further.\n #finance #tradfi #markets #stocks #stockmarket #bloomberg #macro",
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