Period
to 3 August 2021

The table below looks at the prevalence of the term Hedge funds in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Hedge funds over the 6 months to 3 August 2021 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Hedge fund
Central London > City of London
6 months to
3 Aug 2021
Same period 2020 Same period 2019
Rank 138 115 163
Rank change year-on-year -23 +48 +28
Contract jobs citing Hedge funds 26 15 80
As % of all contract jobs advertised in the City of London 0.76% 0.65% 1.22%
As % of the Miscellaneous category 1.93% 1.99% 3.91%
Number of daily rates quoted 17 9 67
10th Percentile " £473 £444
25th Percentile £513 £550 £522
Median daily rate (50th Percentile) £525 £600 £600
Median % change year-on-year -12.50% - +4.35%
75th Percentile £706 £675 £688
90th Percentile £738 £690 £725
Central London median daily rate £625 £625 £600
% change year-on-year - +4.17% +4.35%

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

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 1,346 754 2,046
As % of all contract IT jobs advertised in the City of London 39.18% 32.71% 31.13%
Number of daily rates quoted 952 522 1,538
10th Percentile £382 £313 £350
25th Percentile £463 £425 £445
Median daily rate (50th Percentile) £600 £525 £525
Median % change year-on-year +14.29% - -
75th Percentile £688 £625 £625
90th Percentile £750 £700 £677
Central London median daily rate £590 £525 £525
% change year-on-year +12.38% - -
Number of hourly rates quoted 24 32 44
10th Percentile £8.00 £12.45 £11.25
25th Percentile £12.38 £18.25 £13.32
Median hourly rate £27.00 £37.63 £20.67
Median % change year-on-year -28.24% +82.07% +5.97%
75th Percentile £37.75 £44.28 £37.50
90th Percentile £42.93 £47.75 £46.23
Central London median hourly rate £23.50 £37.50 £20.92
% change year-on-year -37.33% +79.30% +4.58%

Hedge funds
Job Vacancy Trend in the City of London

Job postings citing Hedge funds as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Hedge funds in the City of London

Hedge funds
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Hedge funds in the City of London.

Daily rate trend for Hedge funds in the City of London

Hedge funds
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Hedge funds in the City of London over the 6 months to 3 August 2021.

Daily rate histogram for Hedge funds in the City of London

Hedge funds
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Hedge funds in the City of London.

Hourly rate trend for Hedge funds in the City of London

For the 6 months to 3 August 2021, IT contractor jobs citing Hedge funds also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for Hedge funds.

1 22 (84.62%) AWS
2 18 (69.23%) Python
3 17 (65.38%) Finance
4 16 (61.54%) Legal
4 16 (61.54%) Financial Institution
4 16 (61.54%) Data Protection
4 16 (61.54%) GDPR
5 14 (53.85%) Kubernetes
5 14 (53.85%) Azure
5 14 (53.85%) Node.js
6 13 (50.00%) Java
7 12 (46.15%) Social Skills
8 11 (42.31%) Analytics
8 11 (42.31%) Docker
8 11 (42.31%) DevOps
8 11 (42.31%) Microservices
8 11 (42.31%) Cloud Native
9 9 (34.62%) Subversion
9 9 (34.62%) User Stories
9 9 (34.62%) AWS CloudFormation
9 9 (34.62%) Git (software)
9 9 (34.62%) Infrastructure as Code
9 9 (34.62%) Deployment Automation
10 8 (30.77%) AngularJS
10 8 (30.77%) Asset Management
10 8 (30.77%) AOP
10 8 (30.77%) C++
10 8 (30.77%) Oracle
10 8 (30.77%) SQL Server
11 7 (26.92%) JavaScript

Hedge funds
Co-occurring IT Skills in the City of London by Category

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

Application Platforms
1 1 (3.85%) Exchange Server 2010
1 1 (3.85%) MS Exchange
1 1 (3.85%) Skype for Business
Business Applications
1 3 (11.54%) Cloudability
2 1 (3.85%) RMDS
Cloud Services
1 22 (84.62%) AWS
2 14 (53.85%) Azure
3 9 (34.62%) AWS CloudFormation
4 4 (15.38%) GCP
5 2 (7.69%) Amazon SQS
5 2 (7.69%) GitHub
6 1 (3.85%) Amazon EC2
6 1 (3.85%) Amazon S3
Communications & Networking
1 7 (26.92%) BGP
2 1 (3.85%) DHCP
2 1 (3.85%) DNS
2 1 (3.85%) Fibre Channel
2 1 (3.85%) Internet
Database & Business Intelligence
1 8 (30.77%) SQL Server
2 2 (7.69%) BigQuery
2 2 (7.69%) Bigtable
3 1 (3.85%) Relational Database
Development Applications
1 9 (34.62%) Git (software)
1 9 (34.62%) Subversion
2 2 (7.69%) Jenkins
General
1 17 (65.38%) Finance
2 16 (61.54%) Financial Institution
2 16 (61.54%) Legal
3 12 (46.15%) Social Skills
4 3 (11.54%) Billing
5 2 (7.69%) Analytical Skills
6 1 (3.85%) Front Office
6 1 (3.85%) Games
Job Titles
1 11 (42.31%) Architect
2 10 (38.46%) Developer
3 8 (30.77%) Python Developer
4 7 (26.92%) Analytics Developer
5 4 (15.38%) AWS Architect
5 4 (15.38%) Cloud Architect
5 4 (15.38%) Platform Architect
5 4 (15.38%) Senior Developer
5 4 (15.38%) Senior Python Developer
6 3 (11.54%) Azure Architect
6 3 (11.54%) Consultant
6 3 (11.54%) Lead Developer
6 3 (11.54%) Python Team Leader
6 3 (11.54%) Senior Consultant
7 1 (3.85%) Infrastructure Engineer
7 1 (3.85%) Java Developer
7 1 (3.85%) OTC Derivatives Developer
7 1 (3.85%) Python Developer - Fintech
7 1 (3.85%) Windows Engineer
7 1 (3.85%) Windows Infrastructure Engineer
Libraries, Frameworks & Software Standards
1 14 (53.85%) Node.js
2 8 (30.77%) AngularJS
3 7 (26.92%) Angular 2
3 7 (26.92%) jQuery
3 7 (26.92%) NumPy
3 7 (26.92%) Pandas
3 7 (26.92%) PyTorch
3 7 (26.92%) React
4 2 (7.69%) Kafka
5 1 (3.85%) HTML
5 1 (3.85%) HTML5
5 1 (3.85%) Middleware
Miscellaneous
1 11 (42.31%) Cloud Native
2 7 (26.92%) Equities
2 7 (26.92%) Fixed Income
2 7 (26.92%) Foreign Exchange (FX)
3 3 (11.54%) CMDB
3 3 (11.54%) Public Cloud
4 1 (3.85%) Derivative
4 1 (3.85%) EMC VNX
4 1 (3.85%) Hybrid Cloud
4 1 (3.85%) OTC Derivatives
4 1 (3.85%) Symmetrix
Operating Systems
1 2 (7.69%) Unix
2 1 (3.85%) Windows
2 1 (3.85%) Windows 10
2 1 (3.85%) Windows Server
2 1 (3.85%) Windows Server 2003
2 1 (3.85%) Windows Server 2008
2 1 (3.85%) Windows Server 2012
2 1 (3.85%) Windows Server 2016
Processes & Methodologies
1 16 (61.54%) Data Protection
2 11 (42.31%) Analytics
2 11 (42.31%) DevOps
2 11 (42.31%) Microservices
3 9 (34.62%) Deployment Automation
3 9 (34.62%) Infrastructure as Code
3 9 (34.62%) User Stories
4 8 (30.77%) AOP
4 8 (30.77%) Asset Management
5 7 (26.92%) Mathematics
5 7 (26.92%) Portfolio Management
6 6 (23.08%) Software Engineering
7 5 (19.23%) Agile Software Development
7 5 (19.23%) Decision-Making
7 5 (19.23%) ITIL
8 4 (15.38%) Project Management
9 3 (11.54%) Continuous Improvement
9 3 (11.54%) Economics
9 3 (11.54%) ITSM
9 3 (11.54%) Scrum
Programming Languages
1 18 (69.23%) Python
2 13 (50.00%) Java
3 8 (30.77%) C++
4 7 (26.92%) JavaScript
5 4 (15.38%) SQL
6 2 (7.69%) C#
7 1 (3.85%) PowerShell
Qualifications
1 1 (3.85%) Computer Science Degree
1 1 (3.85%) Degree
Quality Assurance & Compliance
1 16 (61.54%) GDPR
System Software
1 11 (42.31%) Docker
2 1 (3.85%) Active Directory
2 1 (3.85%) Microsoft App-V
2 1 (3.85%) vSphere
2 1 (3.85%) XenApp
2 1 (3.85%) XenDesktop
Systems Management
1 14 (53.85%) Kubernetes
2 2 (7.69%) Terraform
3 1 (3.85%) Nessus
3 1 (3.85%) Symantec Enterprise Vault
Vendors
1 8 (30.77%) Oracle
2 4 (15.38%) Google
3 3 (11.54%) ServiceNow
4 2 (7.69%) IBM
5 1 (3.85%) Citrix
5 1 (3.85%) EMC
5 1 (3.85%) Infoblox
5 1 (3.85%) ION Trading
5 1 (3.85%) Microsoft
5 1 (3.85%) Solace
5 1 (3.85%) Symantec
5 1 (3.85%) VMware