Hedge Funds

Hedge fund job openings concentrated in New York and Connecticut; Lean times in Boston, Dallas

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Open positions clustered this year along traditional Eastern shoreline cities.

New York State has one of the higher unemployment rates in the nation. But don’t blame hedge funds: New York City is the top spot in the world for industry job openings, according to new data from jobs site HFObserver.

The Big Apple is followed by Connecticut (including Greenwich, Stamford and Westport, home to Bridgewater Associates, the largest hedge fund firm in the Americas) and London. Chicago and Boston, last year’s second and third most fertile job spots, respectively, fell to fourth and fifth in this year’s rankings. Dallas fell off the list entirely.

BlackRock, Izzy