Discover your dream Career
For Recruiters

90% of jobs at hot new hedge fund are NOT managing money. Make UBS gift you $50k

Most of them are subsidiary to the central purpose

If you’re a macro hedge fund manager, you’ve probably heard of Chris Rokos. You’ve probably also heard of Chris Rokos’ new hedge fund, ‘Rokos Capital Management.’ Maybe you want to work there? Last time we looked, it was hiring quantitative analysts, investment controllers, algo developers and more.

Reuters reports that Rokos Capital Management now has 50 staff. What Rokos hasn’t been hiring in big numbers, however, are portfolio managers.

Of these, there are only five: himself; Stuart Riley, ex-head of Asia Pacific macro trading at Goldman Sachs; Borislav Vladimirov, an ex-colleague from Brevan Howard; and two assistant portfolio managers of lesser importance. The remaining 45 Rokos staff are effectively, therefore, support staff for these five individuals. Who said hedge funds lack infrastructure?

Separately, if you don’t want to work for UBS but you do want the Swiss bank to pass you $50k, you can always enter the bank’s new ‘Future of Finance Challenge’.  UBS is looking for entrepreneurs with ‘disruptive ideas’ which will change finance. It has $300k to give away in total, with a first prize of $50k for the greatest disruption.

Hot Jobs on Wall St (eFinancialCareers)

It’s the dead zone for financial services recruitment, but recruiters are still desperate to hire for these roles.

How to write your resume for investment banking (eFinancialCareers)

College graduate looking to break into investment banking? This is how you must structure your resume.

Secret Sauce For All At Goldman (WSJ) 

Goldman Sachs is developing apps that will give its clients access to its secret in-house tools, such as high-powered databases that analyze markets and manage risk. One of these apps is called ‘Simon.’

Hefty Comp Ratio (Financial Times)

Houlihan Lokey pays 66% to 68% of its revenues as compensation.

Payout for RBS Heads (Financial Times)

The joint heads of RBS’s investment bank just received $755.3k each in shares. 

HSBC Bulking Up In The UK (WSJ)

HSBC is strengthening its UK investment bank. It just promoted Natalie Blyth as global head of large corporates and Philip Noblet, as co-head of U.K. investment banking.

UBS Shuffles FICC Deck (Reuters)

UBS has shuffled jobs in its U.S. FX, rates and credit business.

Dark Times (Financial News)

Credit Suisse and Barclays may have to pay $10m+ each in fines for the nasty things in their dark pools. 

Fall From Grace  (NY Daily News) 

Tragic 52 year-old broker is now homeless, sleeping on pizza cartons.

Quote of the Day:

“I don’t like cheetahs. I liked them before but as soon as he attacked me I don’t like them,” ten-year-old boy realises cheetahs are not so cute.

AUTHORSarah Butcher Global Editor

Sign up to our Newsletter!

Get advice to help you manage and drive your career.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Latest Jobs
Wellington Management Company, LLP
Wellington Management Company, LLP
Boston, United States
Wellington Management Company, LLP
Sr Analyst, Core & Funds Compliance
Wellington Management Company, LLP
Boston, United States
Deutsche Bank
Senior UX Designer - Assistant Vice President
Deutsche Bank
Cary, United States

Sign up to our Newsletter!

Get advice to help you manage and drive your career.