Key Points
. Holder: Today on the show: The lengths hedge funds are going to cultivate top talent and what the rise of the hedge fund boot camp means for one of the world's most competitive industries..
And in the past, hedge funds have traditionally relied on a steady stream of seasoned professionals... people who could walk in and be trusted to successfully manage hundreds of millions or a billion dollars-worth of client money on Day One. ..
Kumar: All these large hedge funds, they have dozens and dozens of people who are just keeping a track of who are the good people working at their rival, not only portfolio managers, but even the analysts who are the great analysts who are just emerging, who could be, you know, a great portfolio manager in future..
Holder: Over the last 20 years, as the industry grew and traditional pathways to hedge funds dried up, the field got more competitive and hedge funds found themselves entrenched in a poaching war..
They're genuinely making people stay longer and giving hedge funds a real chance that they can find another way of hiring people rather than just throwing investors money at the next hot stock trader..
