If you're in your 20s and you're moving into a hedge fund, spare a thought for the gnarly portfolio managers above you. They may be only 40 or 45, but they feel ancient.
So says Professor Kathleen Riach at the Adam Smith Business School at Glasgow University in the UK. In the ten years to 2021, Riach interviewed 50 employees at a London hedge fund, focusing particularly on 13 men and seven women aged between 35 and 45 at the first interview. Results to the study have just been released in a new book.*
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