Hedge funds Contracts

Hedge fund
UK

The table below looks at the prevalence of the term Hedge funds in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Hedge funds over the 6 months to 26 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
26 Apr 2024
Same period 2023 Same period 2022
Rank 264 421 366
Rank change year-on-year +157 -55 +42
Contract jobs citing Hedge funds 378 295 633
As % of all contract jobs advertised in the UK 0.87% 0.49% 0.71%
As % of the Miscellaneous category 2.86% 1.48% 2.16%
Number of daily rates quoted 353 247 457
10th Percentile £500 £450 £438
25th Percentile £588 £500 £538
Median daily rate (50th Percentile) £725 £575 £600
Median % change year-on-year +26.09% -4.17% -
75th Percentile £850 £694 £725
90th Percentile £888 £825 £850
UK excluding London median daily rate £400 £525 £538
% change year-on-year -23.81% -2.33% -10.42%

All Generic Skills
UK

Hedge funds is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 13,235 19,964 29,268
As % of all contract IT jobs advertised in the UK 30.39% 33.29% 32.99%
Number of daily rates quoted 8,477 13,730 20,414
10th Percentile £263 £306 £313
25th Percentile £413 £450 £430
Median daily rate (50th Percentile) £538 £550 £550
Median % change year-on-year -2.27% - +10.00%
75th Percentile £656 £680 £650
90th Percentile £788 £800 £750
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +11.76%
Number of hourly rates quoted 910 654 727
10th Percentile £12.25 £9.80 £13.89
25th Percentile £15.17 £10.75 £16.75
Median hourly rate £30.00 £22.49 £27.00
Median % change year-on-year +33.42% -16.72% +2.16%
75th Percentile £60.00 £64.50 £49.88
90th Percentile £70.00 £75.00 £66.00
UK excluding London median hourly rate £28.00 £22.00 £20.00
% change year-on-year +27.27% +10.00% -16.67%

Hedge funds
Job Vacancy Trend

Job postings citing Hedge funds as a proportion of all IT jobs advertised.

Job vacancy trend for Hedge funds in the UK

Hedge funds
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Hedge funds.

Daily rate trend for Hedge funds in the UK

Hedge funds
Daily Rate Histogram

Daily rate distribution for jobs citing Hedge funds over the 6 months to 26 April 2024.

Daily rate histogram for Hedge funds in the UK

Hedge funds
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Hedge funds.

Hourly rate trend for Hedge funds in the UK

Hedge funds
Top 9 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Hedge funds within the UK over the 6 months to 26 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +155 373 £725 +26.09% 283
London +197 369 £725 +20.83% 265
Work from Home +216 195 £800 +33.33% 75
UK excluding London -22 5 £400 -23.81% 20
West Midlands -4 2 £300 -40.00%
Midlands -8 2 £300 -40.00%
Scotland - 2 - - 6
North West +14 1 £500 +270.37% 1
North of England +3 1 £500 - 2

Hedge funds
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 120 (31.75%) Apache Airflow
2 106 (28.04%) Apache
3 5 (1.32%) Apache Spark
3 5 (1.32%) Microsoft Exchange
4 1 (0.26%) SharePoint
4 1 (0.26%) Skype for Business
Applications
1 14 (3.70%) Microsoft Office
2 7 (1.85%) Microsoft Excel
3 2 (0.53%) Microsoft PowerPoint
Business Applications
1 18 (4.76%) Aladdin
2 5 (1.32%) SimCorp Dimension
3 2 (0.53%) Bloomberg AIM
4 1 (0.26%) Endur
4 1 (0.26%) Orchestrade
4 1 (0.26%) SAP S/4HANA
Cloud Services
1 206 (54.50%) AWS
2 125 (33.07%) GCP
3 100 (26.46%) Azure
4 78 (20.63%) dbt
5 72 (19.05%) Snowflake
6 10 (2.65%) Microsoft 365
7 7 (1.85%) Power Platform
8 3 (0.79%) Entra ID
9 2 (0.53%) Amazon EKS
9 2 (0.53%) Cloud Computing
10 1 (0.26%) Amazon EMR
10 1 (0.26%) Azure DevOps
10 1 (0.26%) Azure Functions
10 1 (0.26%) Figma
10 1 (0.26%) Serverless
10 1 (0.26%) Supabase
10 1 (0.26%) WhatsApp
Communications & Networking
1 12 (3.17%) VPN
2 10 (2.65%) Wireless
3 2 (0.53%) Cisco Firepower
3 2 (0.53%) Cisco IOS
3 2 (0.53%) Cisco ISE
3 2 (0.53%) Network Security
3 2 (0.53%) SD-WAN
3 2 (0.53%) WAN
4 1 (0.26%) Cisco Nexus
4 1 (0.26%) Firewall
4 1 (0.26%) FIX Connectivity
4 1 (0.26%) FTP
4 1 (0.26%) Internet
4 1 (0.26%) Kerberos
4 1 (0.26%) Skype
4 1 (0.26%) SSL
4 1 (0.26%) WebEx
Database & Business Intelligence
1 106 (28.04%) Apache Ignite
2 78 (20.63%) Amazon Athena
2 78 (20.63%) Apache Arrow
2 78 (20.63%) Dremio
3 71 (18.78%) Data Lake
4 48 (12.70%) PostgreSQL
5 22 (5.82%) SQL Server
6 19 (5.03%) Big Data
7 7 (1.85%) Power BI
7 7 (1.85%) SQL Server Integration Services
7 7 (1.85%) SQL Server Reporting Services
8 6 (1.59%) MongoDB
9 5 (1.32%) Crystal Reports
9 5 (1.32%) Tableau
10 4 (1.06%) Data Warehouse
10 4 (1.06%) SQL Server Analysis Services
11 3 (0.79%) MySQL
12 2 (0.53%) RDBMS
12 2 (0.53%) Relational Database
13 1 (0.26%) Amazon Redshift
Development Applications
1 27 (7.14%) Cypress.io
2 7 (1.85%) JIRA
3 4 (1.06%) SpecFlow
4 3 (0.79%) Git
5 2 (0.53%) CircleCI
5 2 (0.53%) GitLab
5 2 (0.53%) Jenkins
6 1 (0.26%) Sonatype Nexus
6 1 (0.26%) Visual Studio Code
General
1 307 (81.22%) Finance
2 241 (63.76%) Front Office
3 180 (47.62%) Banking
4 85 (22.49%) Investment Banking
5 41 (10.85%) Back Office
6 31 (8.20%) Social Skills
7 26 (6.88%) Analytical Skills
8 21 (5.56%) Financial Institution
9 2 (0.53%) Documentation Skills
9 2 (0.53%) Inclusion and Diversity
9 2 (0.53%) Law
9 2 (0.53%) Manufacturing
9 2 (0.53%) Marketing
9 2 (0.53%) Pharmaceutical
9 2 (0.53%) Prime Brokerage
9 2 (0.53%) Synthetic Prime Brokerage
10 1 (0.26%) Private Banking
10 1 (0.26%) Publishing
10 1 (0.26%) Retail
Job Titles
1 175 (46.30%) Developer
2 104 (27.51%) Software Engineer
3 87 (23.02%) Developer/Software Engineer
4 74 (19.58%) Analyst
5 70 (18.52%) Python Developer
6 63 (16.67%) Python Engineer
7 61 (16.14%) Python Software Engineer
8 58 (15.34%) Finance Manager
9 53 (14.02%) Senior
10 47 (12.43%) React Developer
11 45 (11.90%) Financial Analyst
12 37 (9.79%) .NET Developer
13 35 (9.26%) Lead
14 33 (8.73%) Business Analyst
15 30 (7.94%) Full Stack Developer
16 27 (7.14%) AWS Engineer
17 26 (6.88%) .NET Software Developer
17 26 (6.88%) .NET Software Engineer
17 26 (6.88%) Software Asset Manager
17 26 (6.88%) Software Manager
Libraries, Frameworks & Software Standards
1 118 (31.22%) gRPC
1 118 (31.22%) Protocol Buffers
2 87 (23.02%) React
3 72 (19.05%) Redux
4 67 (17.72%) Pandas
5 66 (17.46%) NumPy
6 65 (17.20%) SciPy
7 47 (12.43%) .NET
8 41 (10.85%) Material-UI
9 27 (7.14%) AngularJS
10 21 (5.56%) .NET Core
11 14 (3.70%) ASP.NET
11 14 (3.70%) ASP.NET Core
12 13 (3.44%) HTML
13 12 (3.17%) CSS
14 11 (2.91%) Vue
15 8 (2.12%) Kafka
16 5 (1.32%) HTML5
16 5 (1.32%) REST
16 5 (1.32%) SailPoint
Miscellaneous
1 193 (51.06%) Derivative
2 187 (49.47%) Fixed Income
3 166 (43.92%) Equities
4 123 (32.54%) Foreign Exchange (FX)
5 27 (7.14%) Product Ownership
6 20 (5.29%) Greenfield Project
7 14 (3.70%) Algorithms
8 10 (2.65%) Analytical Mindset
8 10 (2.65%) Clustering
8 10 (2.65%) Equity Derivative
9 6 (1.59%) Credit Derivative
10 5 (1.32%) Data Structures
11 4 (1.06%) Management Information System
11 4 (1.06%) Pricing Data
12 2 (0.53%) Animation
12 2 (0.53%) Biopharmaceutical
12 2 (0.53%) Market Risk
12 2 (0.53%) PKI
12 2 (0.53%) Renewable Energy
12 2 (0.53%) SWIFT Messaging Network
Operating Systems
1 17 (4.50%) Windows
2 14 (3.70%) Windows 10
3 9 (2.38%) Windows 7
4 5 (1.32%) Apple iOS
4 5 (1.32%) Linux
5 3 (0.79%) Windows Server
6 1 (0.26%) CentOS
6 1 (0.26%) Unix
6 1 (0.26%) Windows Server 2016
6 1 (0.26%) Windows Server 2019
Processes & Methodologies
1 238 (62.96%) Asset Management
2 223 (58.99%) Investment Management
3 205 (54.23%) Agile
4 157 (41.53%) Software Engineering
5 82 (21.69%) Full Stack Development
6 74 (19.58%) Artificial Intelligence
7 68 (17.99%) Machine Learning
8 48 (12.70%) DevOps
9 44 (11.64%) Automated Trading
10 43 (11.38%) Mentoring
11 41 (10.85%) Fintech
12 34 (8.99%) TDD
13 32 (8.47%) Analytics
13 32 (8.47%) Line Management
14 22 (5.82%) Greeks
14 22 (5.82%) Roadmaps
15 21 (5.56%) Business Intelligence
15 21 (5.56%) Scrum
16 19 (5.03%) ITIL
17 18 (4.76%) Problem-Solving
Programming Languages
1 224 (59.26%) Python
2 140 (37.04%) TypeScript
3 116 (30.69%) JavaScript
4 108 (28.57%) SQL
5 105 (27.78%) C#
6 98 (25.93%) Java
7 23 (6.08%) C++
8 21 (5.56%) Scala
9 20 (5.29%) R
10 14 (3.70%) PowerShell
11 11 (2.91%) Go
12 6 (1.59%) Ruby
13 4 (1.06%) T-SQL
14 3 (0.79%) PL/SQL
15 2 (0.53%) Bash
15 2 (0.53%) F#
15 2 (0.53%) VBA
16 1 (0.26%) ANSI SQL
16 1 (0.26%) Clojure
16 1 (0.26%) Kotlin
Qualifications
1 13 (3.44%) Degree
2 7 (1.85%) Numerate Degree
3 5 (1.32%) Computer Science Degree
4 2 (0.53%) CISSP
4 2 (0.53%) MCP
4 2 (0.53%) PMI Certification
4 2 (0.53%) PMP
5 1 (0.26%) AWS Certification
Quality Assurance & Compliance
1 35 (9.26%) QA
2 22 (5.82%) Data Quality
3 12 (3.17%) SLA
4 8 (2.12%) MiFID
5 1 (0.26%) EMIR
5 1 (0.26%) FATCA
5 1 (0.26%) GRC
5 1 (0.26%) PMO
System Software
1 9 (2.38%) Active Directory
2 1 (0.26%) Docker
Systems Management
1 11 (2.91%) Kubernetes
1 11 (2.91%) Terraform
2 10 (2.65%) Prometheus
3 3 (0.79%) Single Sign-On
4 2 (0.53%) Cisco CUCM
4 2 (0.53%) Stealthwatch
5 1 (0.26%) Ansible
5 1 (0.26%) PingFederate
5 1 (0.26%) Puppet
Vendors
1 42 (11.11%) Google
2 32 (8.47%) Bloomberg
3 27 (7.14%) Microsoft
4 15 (3.97%) ServiceNow
5 11 (2.91%) BISAM
6 6 (1.59%) Oracle
7 5 (1.32%) SimCorp
8 4 (1.06%) Reuters
9 3 (0.79%) Cisco
10 2 (0.53%) Avaloq
10 2 (0.53%) Charles River
10 2 (0.53%) Murex
10 2 (0.53%) Splunk
10 2 (0.53%) Sybase
11 1 (0.26%) Citrix
11 1 (0.26%) CyberArk
11 1 (0.26%) ForgeRock
11 1 (0.26%) Juniper
11 1 (0.26%) Okta
11 1 (0.26%) Palo Alto