TITLE

Staffing Worries Hit Hedge Funds' Back Offices

AUTHOR(S)
Kentouris, Chris
PUB. DATE
January 2008
SOURCE
Securities Industry News;1/7/2008, Vol. 20 Issue 1, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the hedge fund industry is experiencing difficulty in hiring qualified back-office personnel and other staff. Staffing usually comes from other service providers such as accounting firms, prime brokers and administrators. Maintenance of the staff is also difficult due to workloads, low compensation levels and lack of upward mobility in their career. According to studies, the role of the chief operating officer (COO) is the most difficult to fill due to varied job description.
ACCESSION #
28340083

 

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