Surprise recruitment boom for fund managers

'Hiring on the buy-side is very active'

The UK fund management industry is facing an ever-increasing squeeze on margins, competition from international players, and the still unclear impact of an exit from the European Union.

It is surprising, therefore, to find there has been a surge in recruitment demand for both active and passive fund managers in the first two months of the year. Paul Cook, CEO at human capital consultancy Alderbrooke, said: "Hiring on the buy-side is very active in London currently. Several larger firms have removed hiring freezes, while boutiques are also looking to increase their market share.  "As a result, we have seen search requests from asset managers double in the first two months of this year when compared with 2016. Asset managers shrug off post-Brexit jitters as recruitm...