Reported 8 months ago
Major hedge funds like Steve Cohen's and Ken Griffin's Citadel have developed intensive training programs to transform promising analysts into top-notch portfolio managers who can generate millions in profits annually. These initiatives aim to address talent shortages in the hedge fund industry caused by fierce competition for star traders and the decline of traditional training grounds like proprietary trading desks in investment banks. These programs also reflect a shift towards nurturing teamwork and developing leadership skills in the next generation of hedge fund leaders.
Source: YAHOO