Fund companies rush to recruit high-paying quantitative researchers
Recently, more than ten fund companies, including China Asset Management, Harvest Fund, E Fund, and China Europe Fund, have issued school invitations.
As the A-share market has more than one trillion transactions for more than 40 days, Christians are also running into the market. In the two months since the second half of this year, 110 fund companies have established 378 new fund products, and the issued shares have already been issued. Breaking through the 500 billion yuan mark, reaching 517.063 billion yuan, with an average issuance share of 1.368 billion yuan.
Many fund companies offer favorable conditions to attract outstanding graduates to join.
Penghua Fund’s autumn recruitment of 2022, the pre-tax basic salary of graduates of master’s degree is 12,000-16,000 yuan/month (excluding bonuses and cash benefits); China Europe Fund provides "core employee shareholding plan, one million insured amount" Medical insurance, customized housing subsidies"; Boshi Fund also provides benefits such as "Supplementary Pension Insurance, Supplementary Medical Insurance, Annual Physical Examination, and Custom Tooling".
In addition to traditional marketers and research positions, in recent years, the proportion of IT positions in the school recruitment of public funds has increased, and fintech talents have become the sought-after "maximum" of fund companies.
China Asset Management has launched ten financial technology-related positions in the 2022 recruitment; Harvest Fund recruits three types of talents in the financial technology direction of "development, data, and algorithm", and its post-doctoral research workstation recruits graduates in the direction of artificial intelligence investment decision-making.
Wang Ming (pseudonym), a graduate of Communication University of China who intends to join a fund company, said that his postgraduate course was biased towards media economics. This year may be due to the hotter capital market, and most fund companies have taken more recruits than in previous years. The number of people and the conditions are better than in previous years, which is very attractive to this year's fresh graduates.
Wang Ming said that he has already invested in a number of fund companies, and one of them has passed the second side and is looking forward to becoming a member of the fund industry.
A reporter from Beijing Youth Daily noted that although this year's fund companies have expanded their recruitment scale, the standards have not been lowered.
A prestigious school, graduate degree or above is basically standard, and most fund companies also have requirements for internship experience.
A reporter from the Beijing Youth Daily noted that this year's recruitment plan for both public and private equity funds has a new feature, which is to look for talents in the direction of "quantitative trading."
Taking China Asset Management as an example, the positions that involve "quantification" include quantitative researcher and quantitative development engineer.
On a large-scale recruitment website, using "quantitative investment" as the key word, search for recently released recruitment information. Among the 400 displayed information, except for a few internships with an annual salary of less than 100,000 yuan, most positions have a monthly salary of tens of thousands. Yuan, and supporting the annual salary of 16, 18 or even 24 salary.
A company profiled as "a leading enterprise in Shenzhen, with a young and energetic team, a large group of talented people, and a star team..." even more than 6 million yuan of high salary to recruit quantitative investment managers with the highest "400k×16 salary".
According to a fund manager, the domestic quantitative investment environment pays more attention to candidates' 211 and 985 academic backgrounds, as well as the accumulation of related professional skills, such as statistics, advanced mathematics, and knowledge of program code engineering. If it is a cutting-edge quantitative investment Institutions also need a knowledge framework related to the direction of artificial intelligence.
Recently, A-share transactions have continuously exceeded 1 trillion yuan. As market transactions heat up, the proportion of quantitative transactions in A-share transactions has become a topic of concern in the market. There is a view that “quantitative transactions have accounted for about half of A-share transactions. ".
Many people in the industry pointed out that, in fact, the proportion of quantitative transactions should not be so high, but it is undeniable that quantitative transactions have developed very fast in recent years.
Wind Information statistics show that as of September 13, there were a total of 593 publicly offered quantitative investment funds in the market, divided into three types: active quantitative, index quantitative, and hedge quantitative, with a total scale of 235.578 billion yuan.
Text/Reporter Zhu Kaiyun Co-ordinated by Yu Meiying