Asset Management Operations - Market Update

Wed 6 Aug 2008

The first half of 2008 has seen flux and uncertainty within Asset Management Operations recruitment. The Asset Management Operations operators are naturally diverse and spread across traditional houses, hedge funds, global custody, private wealth managers and those with an alternative investment bank. An overall view will not help determine what is happening as within each of these areas there are organisations who are thriving, most likely to be those with more Equity alligned funds.  Those doing less well are players who work alongside higly exposed or leveraged hedge funds with credit exposure.

Asset Management Operations areas currently recruiting are Performance, Corproate Actions, Stock Lending and Valuations and demand for these candidates looks set to continue. There is a continued demand for Business Analysts, particularly with Asset Management Operations line experience, as organisations look to improve the way they are run and reduce costs.

Global Custody is an area that continues to thrive within Asset Management Operations with demand for roles across the board and growth that looks set to continue into the second half of 2008. Asset Management Operations has been less affected than Investment Banking, though there is a level of caution and more considered decision making. Each recruiting decision or hire has greater pressure, is business critical, and as a result is taking slightly longerto ensure all decisions taken are the right ones.

Within Asset Management Operations there is still a high demand for outstanding individuals. Companies seeking the best talent use Martin Ward Anderson's Operations teams to build relationships, knowledge and understanding to recruit the individuals they need. This ability to provide quality Asset Management candidates with outstanding career opportunities will continue throughout 2008.

Andrew Bath, Asset Management Operations Manager

To know more about Asset Management Operations recruitment and trends influencing decision makers, please email Andrew Bath, a.bath@martinwardanderson.com directly.

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