{"id":3517,"date":"2005-10-26T00:00:00","date_gmt":"2005-10-26T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"mobile-managers-shake-up-investment-industry","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2005\/mobile-managers-shake-up-investment-industry.html","title":{"rendered":"Mobile managers shake up investment industry"},"content":{"rendered":"<table border=\"0\" align=\"right\">\n<tr>\n<td>    <\/td>\n<\/tr>\n<\/table>\n<p>Not since the last stock market bull run in 1998 have South Africa\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s investment professionals been so mobile.<\/p>\n<p>\u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cHigh levels of staff turnover have shaken up the asset management industry over the past year with hedge funds and emerging black economic empowerment companies both drawing key staff from moretraditional players,\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d said Monene Watson, Head of Equities at SYmmETRY Multimanager.<\/p>\n<p>SYmmETRY\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s analysis of staff movement at the 12 largest managers during 2005 shows that 17% joined BEE and boutique companies with a further 20% moving to hedge funds. Another 24% moved within theindustry, while 39% left the investment business.<\/p>\n<p><a href=\"http:\/\/www.moneyweb.co.za\/business_today\/509500.htm\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Not since the last stock market bull run in 1998 have South Africa\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s investment professionals been so mobile. \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cHigh levels of staff turnover have shaken up the asset management industry over the past year with hedge funds and emerging black [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3517","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3517"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3517\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}