Quant is profoundly transforming the investment industry. As financial securities have become increasingly complex, demand has grown rapidly for people who can use mathematical models to price securities, generate profits and reduce risk.
Quant provides applied mathematical and statistical models to the most obscure financial and risk management problems, especially during unpredictable market conditions. Quant analysts apply mathematical and statistical models in the sell-side for derivatives pricing and risk management. On the other hand, they apply it to the buy-side for statistical arbitrage, algorithmic trading and quantitative investment trading. The widespread usage of derivatives will make returns more stable - increase liquidity and new strategies may emerge. The industry will enter era 2.0.
For decades, investors imagined a day when data-driven traders would dominate financial markets. That time has come – the quant hedge fund sector is experiencing significant growth. However, with the deep skillset required, harnessing the power of computer science and vast data-sets to make investment decisions is no mean feat.
Shortage of Quant Talent in Asia
Quantitative analysis positions are found almost exclusively in major financial centres with trading operations. In Asia, many quants are working in Hong Kong, Singapore, Tokyo, and Sydney, among other regional financial centres. However, there’s a talent shortage of quants in Asia. Asia lacks seasoned quant researchers, especially lacks the ones with the cultural fit on their approach. Moreover, the demand from international companies on particular technical skills ones is even rare to find.
Selby Jennings is specialising in finding hard-to-find talent in such a niche market. We understand the talent market not just locally - working as a global team leveraging on our global footprint. To understand more about the quant job and talent market, speak to our specialist team.