There has been an ongoing discussion surrounding hedge funds and their ability - or lack thereof - to create jobs. Many financial professionals wonder: Do they really have the capacity to help the job market? And if they do, what jobs are hedge funds producing?

Mitch Ackles, the President of the Hedge Fund Association and the CEO of Hedge Fund PR, told StreetID that yes, hedge funds do create jobs. And they are currently hiring in areas such as compliance and operations.

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