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>"In the battle for talent, quant-focused firms often are reluctant to call themselves hedge funds or even investment firms. Quant firms would rather emphasize
by caminante 9y ago
>"In the battle for talent, quant-focused firms often are reluctant to call themselves hedge funds or even investment firms. Quant firms would rather emphasize their similarities to cutting-edge tech companies in Silicon Valley."
Mirror, mirror, on the Wall [Street,] who's the [quantiest] of them all?
I sense many money managers can't differentiate themselves with current ops and now want "quant headcount" as a differentiator in pitch decks.
- salesguy222 9y agoHaha, awesome thought that you've brought up here. I bet we will start to see title inflation as a result as well- that is to say, it is not that more highly skilled quants will be hired, but rather run-of-the-mill employees will be branded and marketed as "quants" I've noticed this drift everywhere: -Sales people are now "product evangelists" or "product specialists" -Operations employees who do accounts payable or receivable are now "Finance Analysts" (seriously) -HR are now "Human Capital Analysts" -And virtually everyone is now "Senior" or "Lead" or even "Manager" (of some process, not of necessarily employees) So, I guess we shouldn't be surprised when someone fresh out of college who more or less guesses on stock picks with the firm's money and some fancy charts are now hailed as "HIGHLY SKILLED QUANTITATIVE ANALYSTS"