Recruitment network GoBuyside has published an article detailing the issues that affect the recruitment efforts of investment management firms, and offering solutions for resolving those issues.
The very first matter addressed was the competition for specialized talent from other investment management firms and even from entirely separate industries that share very little in common with entities operating within the financial sector. An example presented was the high demand for IT experts; demand which is emanating from very many industries in addition to the financial sector. Read this article at Yahoo Finance.
Exacerbating this problem is the fact that the number of leading account firms that once aided investment companies in recruitment has dropped significantly; from eight to six, then four in the space of thirty years. This fifty-percent drop can be directly attributed to the competitive space that talent recruitment has become across all markets; the article, in fact, would go on to highlight the fact that the number of experts noted for their success in recruiting specialized talent for investment management firm was a very small one indeed – “a handful at best”, according to the article.
— GoBuyside (@gobuyside) June 11, 2018
The solution presented was for investment firms to procure the services of an expert recruitment firm that has proven itself capable of seeking out and recruiting specialized talent specifically for the financial services industry. GoBuyside is a prime example of such an outfit, as it is a firm that specializes in the recruitment of talent for investment management firms, and thus meets the niche requirements that a niche industry such as investment management would require. Read more about GoBuyside at inspirery.com.
GoBuyside boasts a talent network that encompasses more than 10,000 firms, and serves more than 400 clients in sixteen countries worldwide, aiding hedge funds, investment management firms and private equities, including Fortune 500 companies. Founded in 2011, GoBuyside has garnered a reputation in the industry for its speed and effectiveness, closing personnel searches in weeks as opposed to the customary months it takes other recruitment firms.
To read the article in full and find solutions to other problems that may undermine recruitment by investment firms, read here.