Benefits December 10, 2009

Hiring of Single-Asset Pension Managers Forecast for Growth

December 10, 2009 (PLANSPONSOR.com) – A new report from executive search firm CTPartners has listed pension fund managers as one of seven executive positions that will see a hiring uptick in coming months.

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A CTPartners news release said pension asset money managers will be able to take advantage of a trend to hire a leader to run a single fund rather than a fund family with similar investment objectives.

Even with a stubbornly slow job market, CTPartners contends, the right kind of financial services job candidate can still find opportunities.“Companies within financial services are re-emerging cautiously, but also looking for the next market-making trends and those who can execute to seize opportunities ahead of others,” the company comments.

The company lists the top areas for financial services job opportunities (in order) as:

  • Business Development/Capital Raising executives
  • CFO with restructuring and operations experience
  • Pension Fund Manager, single asset
  • CFO or Head of Treasury
  • Compliance executives
  • Payments executives
  • Lobbyists, Government Affairs executives

Private Equity Jobs

CTPartners also indicated that executive jobs will be available in the private equity world.

"Even if economic problems persist, PE funds will use parts of their big cash reserves for the right opportunities," the company said. "Funds will also invest to fix portfolio companies by bringing in executives fit for CEO and CFO positions when funds become aggressive again in segments like alternative energy, health care, social media and retirement services."

Private equity executive jobs include:

  • Managing Partner
  • Renewable Energy portfolio specialists
  • CEO, alternative energy startup
  • Partner, specific sector and emerging market experience

"Bedrock institutions are looking for executives with significant regulatory, risk management, and compliance experience and also for those global managers and traders who can raise capital and create opportunities in markets that have been redefined during this recession," the company commented.

Outside of financial services, the company said executive hiring will be steady in health care, renewable energy, and social media.

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