What's in a title? How hedge funds and their employees use the industry's lack of consistency to their advantage

"The lack of uniformity in hedge-fund job titles allows firms and employees to present themselves in the best light, leading to inflated perceptions of roles."

"Hedge fund job titles vary greatly across firms, leading to disputes over roles, as seen in the case of Fishback who claimed to be head of macro."

"Unlike banks and private equity firms, which have standardized roles, the hedge-fund industry is more opaque and founder-led, causing confusion about job titles."

"The industry’s title inflation creates a competitive environment where both candidates and firms exploit ambiguity to attract top talent and enhance perceptions of their own importance."

Read at Business Insider