The Hedge Fund Job market in Asia is expanding rapidly and will most likely create tens of thousands of jobs in the next 3-5 years. When you couple this with the contractions occurring in the US driven primarily by the subprime mortgage market collapse, it makes sense to look outside the US for a Hedge Fund Job, especially in a high growth region like Asia. Case in point, the latest World Risk Developments report from EFIC, the Australian Government's export credit agency, suggests Asia will probably remain a relatively high growth region that will ride out the economic slowdown and credit tightening affecting other parts of the world. The entire region is positioned for slower growth rates than in years past that will in most cases exceed the US market. Hedge Fund Job Skills So, what do you need to concentrate on to find a great Hedge Fund Job in Asia? You want to target the type of Hedge Fund Job that is a good fit for your educational background, language skills, cultural affinity and vertical market knowledge that may fit the fund you are targeting. You also need to factor in the cultural differences you will face, distance from friends and family, different business models, etc. Market Trends The world's biggest banks and securities firms cut approximately 83K jobs in the last ten months up until May of 2008, driven again in part by the subprime mortgage delinquencies that were tied into large multinational firms throughout the world. So, the picture at present in terms of career opportunities is not robust in certain markets and companies. But, the overall growth trends for Asia and even Europe are much more positive, although it may take time for the subprime meltdown to subside in both regions. Asia is still experiencing tremendous growth in multiple countries throughout the region and the market is much more active and we are bullish on long term growth and related hedge fund jobs. Key growth markets include China, Vietnam and India †all are experiencing GDP growth that far exceeds the United States and most countries in Europe. So, again, pick your country based on our aptitudes, language skills and market knowledge †there is significant opportunity for hedge fund jobs throughout the region.
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