With annualised returns of roughly 40% spanning three decades and a lifetime non-disclosure agreement for employees, it’s safe to say Renaissance Technologies is a bit of an enigma. Despite a bit of a slip in their long-term equity fund this year, the (short term) Medallion fund is still reportedly up 25% YTD. If I knew how they produce those returns I wouldn’t be stuck in a very hot and humid office on outskirts of London, however, we have been able to analyse who does i.e. RentTec employees.
We analysed the career sites of 52 of the most prominent hedge funds and proprietary trading firms that employ quantitative investment strategies. This report does not seek to draw any conclusions about the health of the hiring landscape, or the impact of Covid 19, however, it does break down the number of open roles by location, job division and the changes from between May and July.