For several months hedge funds have been accused of luring top talent away from banks and other financial institutions. This is partially due to the fact that banks are not what they used to be; the salary, stability and bonus packages have greatly decreased. Hedge funds have been more than welcome to fill the void.
Thalius Hecksher, Global Head of Business Development at Apex Fund Services (an independent fund administrator), said that as the talent pool slips away from banks, it provides an "opportunity for Apex."
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