Monday, December 3, 2012

Hedge Fund Job Titles Defined

From Hedge Fund Insight:

Hedge Fund Analyst A person who spends their day tracking the activities of people whose job they would have liked. 
Quantitative Researcher A person who can attach probabilities to future events by looking backwards. 
Portfolio Manager A person who has an enormous breadth of knowledge across a range of industries and is an expert in none of them. 
Strategist A person who spends their day looking down at global events from 25,000ft but never has to land to take an active decision themselves (see “ Journalist” and “Consultant”). 
Head of Quantitative Solutions A person qualified to Ph.D level who used to earn an annual bonus at a CTA. 
Head of Risk The person who stops portfolio managers earning a bonus.