As interest in alternatives grows, the CIO of Japan's national pension fund believes that the mindset of asset owners must change, if they want to hire the staff they need.
Compliance with regulations has put cost pressures on banks, creating internal instability and making them fertile hunting ground for recruiters in 2013. Standalone fund firms have benefited.
Asset management executives tend to agree with a recent Robert Half survey that throws doubt on the accuracy of LinkedIn profiles.
Two wealth management recruiters have left for pastures new, as search executives point to the difficulties presented by regulation.
Debt crises and market volatility have prompted fund management firms and banks to pause for reflection, say Hong Kong headhunters. But the outlook for Asia is still positive.
DBS, JP Morgan and UBS voice concern about mass poaching of relationship managers, noting that clients are tiring of the recruitment 'merry-go-round'.