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Alternative Market Briefing

Male still dominates females in hedge fund job hunting

Friday, December 19, 2014

Komfie Manalo, Opalesque Asia:

A study by finance hiring site Vettery found that the hedge fund industry is still dominated by male than their female counterpart.

CNBC reported on Vettery's analysis of the career path of investment banking analysts over the past two years, covering 1,394 analysts —76% male and 24% female – of which at least 88% landed jobs in hedge fund.

Men also outnumber women in the number of senior roles across the hedge fund industry. And even while some women in hedge funds established successful performance, they do not receive the same recognition than their male counterparts, the study said. Veterry also noted that some studies found that women working at hedge funds achieve better returns.

Indeed, a recent list of the top 50 hedge fund managers across the world are all male.

Alex Orn, Vettery's director of analytics was quoted as saying, "We see a lot more males actually interested in hedge funds, but regardless of that, it's extremely difficult for both males and females," he said. But he denied there was a trend amongst hedge funds to discriminate women. He said, "Demand for qualified females is off the charts," and added that "hedge funds are focused squarely on whether candidates love stocks and can make money."

To know more about women in hedge funds, p......................

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