Period
to 24 October 2021

The table below looks at the prevalence of the term Hedge funds in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Hedge funds over the 6 months to 24 October 2021 with a comparison to the same period over the previous 2 years.

Hedge fund
UK
6 months to
24 Oct 2021
Same period 2020 Same period 2019
Rank 364 171 355
Rank change year-on-year -193 +184 -4
Permanent jobs citing Hedge funds 1,072 1,008 1,250
As % of all permanent jobs advertised in the UK 0.85% 2.06% 0.92%
As % of the Miscellaneous category 2.10% 5.86% 2.60%
Number of salaries quoted 891 973 1,142
10th Percentile £55,000 £65,000 £53,750
25th Percentile £77,500 £85,000 £62,500
Median annual salary (50th Percentile) £100,000 £110,000 £80,000
Median % change year-on-year -9.09% +37.50% +14.29%
75th Percentile £132,500 £137,500 £112,500
90th Percentile £143,750 £156,250 £132,500
UK excluding London median annual salary £62,500 £40,000 £65,000
% change year-on-year +56.25% -38.46% +23.81%

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

All Generic IT Skills
UK
Permanent vacancies with a requirement for generic IT skills 50,991 17,198 48,142
As % of all permanent IT jobs advertised in the UK 40.56% 35.19% 35.24%
Number of salaries quoted 30,596 14,208 36,999
10th Percentile £32,500 £33,250 £30,000
25th Percentile £42,500 £42,500 £37,750
Median annual salary (50th Percentile) £60,000 £57,500 £54,486
Median % change year-on-year +4.35% +5.53% +3.78%
75th Percentile £80,500 £77,500 £73,750
90th Percentile £97,500 £100,000 £91,000
UK excluding London median annual salary £50,000 £48,000 £45,000
% change year-on-year +4.17% +6.67% -

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
Salary Trend

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

Salary trend for Hedge funds in the UK

Hedge funds
Salary Histogram

Salary distribution for jobs citing Hedge funds over the 6 months to 24 October 2021.

Salary histogram for Hedge funds in the UK

Hedge funds
Top 11 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Hedge funds within the UK over the 6 months to 24 October 2021. 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -197 1,054 £100,000 -9.09% 157
London -131 1,028 £100,000 -9.09% 144
Work from Home -156 162 £85,000 -26.09% 30
UK excluding London -212 39 £62,500 +56.25% 13
Channel Islands +3 13 £50,000 -4.76%
North of England - 12 £75,000 - 4
Yorkshire - 12 £75,000 - 3
East of England - 6 - - 2
South West - 4 £62,500 -
South East -149 3 £63,750 - 5
Scotland - 1 - -

For the 6 months to 24 October 2021, IT 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 permanent job ads with a requirement for Hedge funds.

1 820 (76.49%) Finance
2 629 (58.68%) Python
3 610 (56.90%) Software Engineering
4 557 (51.96%) AWS
5 545 (50.84%) Asset Management
6 495 (46.18%) Java
7 472 (44.03%) Agile Software Development
8 429 (40.02%) SQL
9 427 (39.83%) React
10 416 (38.81%) JavaScript
11 401 (37.41%) Web Services
12 379 (35.35%) Front Office
13 364 (33.96%) Investment Management
14 333 (31.06%) Full Stack Development
15 324 (30.22%) Equities
16 312 (29.10%) Fixed Income
17 287 (26.77%) Serverless
18 281 (26.21%) AWS Lambda
19 273 (25.47%) Foreign Exchange (FX)
20 261 (24.35%) Derivative
20 261 (24.35%) TypeScript
21 258 (24.07%) Amazon EC2
22 235 (21.92%) Analytics
23 231 (21.55%) Microservices
24 229 (21.36%) Banking
25 216 (20.15%) Azure
26 207 (19.31%) QA
27 193 (18.00%) Docker
28 192 (17.91%) AngularJS
28 192 (17.91%) Kubernetes

Hedge funds
Co-occurring IT Skills 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
1 107 (9.98%) Apache
2 39 (3.64%) Apache Spark
3 38 (3.54%) Apache Airflow
4 13 (1.21%) Elasticsearch
5 12 (1.12%) MS Exchange
6 7 (0.65%) Skype for Business
7 4 (0.37%) Blackberry Enterprise Server
7 4 (0.37%) Exchange Server 2010
8 3 (0.28%) SharePoint
9 1 (0.093%) nginx
9 1 (0.093%) Traefik
Applications
1 29 (2.71%) Microsoft Office
2 16 (1.49%) Microsoft PowerPoint
3 12 (1.12%) Adobe XD
4 10 (0.93%) Adobe Illustrator
4 10 (0.93%) Microsoft Excel
4 10 (0.93%) Photoshop
5 3 (0.28%) Figma
5 3 (0.28%) Sketch
6 1 (0.093%) Chatbot
Business Applications
1 3 (0.28%) Cloudability
2 2 (0.19%) Eikon
3 1 (0.093%) Bloomberg AIM
3 1 (0.093%) LatentZero
3 1 (0.093%) SunGard APT
3 1 (0.093%) thinkFolio
Cloud Services
1 557 (51.96%) AWS
2 287 (26.77%) Serverless
3 281 (26.21%) AWS Lambda
4 258 (24.07%) Amazon EC2
5 216 (20.15%) Azure
6 179 (16.70%) GCP
7 152 (14.18%) Amazon ECS
8 112 (10.45%) Amazon S3
9 37 (3.45%) SaaS
10 26 (2.43%) OpenShift
11 25 (2.33%) Microsoft 365
12 21 (1.96%) AWS CloudFormation
13 16 (1.49%) Power Platform
14 14 (1.31%) PaaS
15 7 (0.65%) Amazon CloudWatch
16 6 (0.56%) IaaS
17 5 (0.47%) Snowflake
18 4 (0.37%) Azure Service Bus
18 4 (0.37%) Azure Storage
18 4 (0.37%) GitHub
Communications & Networking
1 15 (1.40%) HTTP
1 15 (1.40%) TCP/IP
2 14 (1.31%) VPN
3 13 (1.21%) DNS
4 10 (0.93%) DHCP
5 9 (0.84%) Wireless
6 5 (0.47%) Cisco IOS
7 4 (0.37%) Skype
8 3 (0.28%) Fibre Channel
8 3 (0.28%) Network Security
9 2 (0.19%) AMQP
9 2 (0.19%) Firewall
9 2 (0.19%) SSL
9 2 (0.19%) VoIP
9 2 (0.19%) WAN
10 1 (0.093%) DSL
10 1 (0.093%) Internet
10 1 (0.093%) LAN
10 1 (0.093%) MPLS
10 1 (0.093%) SAN
Database & Business Intelligence
1 180 (16.79%) Amazon Aurora
2 164 (15.30%) Amazon Athena
3 108 (10.07%) Amazon DynamoDB
4 106 (9.89%) Apache Ignite
5 75 (7.00%) PostgreSQL
6 48 (4.48%) SQL Server
7 35 (3.26%) MySQL
8 31 (2.89%) Flink
8 31 (2.89%) Relational Database
9 26 (2.43%) Big Data
10 19 (1.77%) NoSQL
11 18 (1.68%) Tableau
12 17 (1.59%) RDBMS
12 17 (1.59%) Redis
13 16 (1.49%) Power BI
14 14 (1.31%) Blockchain
15 13 (1.21%) Hadoop
16 10 (0.93%) Sisense
17 7 (0.65%) MongoDB
18 6 (0.56%) Data Warehouse
Development Applications
1 22 (2.05%) Git (software)
2 15 (1.40%) JIRA
3 12 (1.12%) Jenkins
4 11 (1.03%) Selenium
4 11 (1.03%) TeamCity
5 10 (0.93%) Octopus Deploy
6 8 (0.75%) JUnit
6 8 (0.75%) SpecFlow
6 8 (0.75%) webpack
7 5 (0.47%) Bitbucket
7 5 (0.47%) gulp
7 5 (0.47%) NUnit
7 5 (0.47%) TestNG
8 4 (0.37%) Cucumber
8 4 (0.37%) Visual Studio
9 3 (0.28%) Cypress.io
9 3 (0.28%) Mockito
9 3 (0.28%) Subversion
9 3 (0.28%) WebDriver
10 2 (0.19%) ReSharper
General
1 820 (76.49%) Finance
2 379 (35.35%) Front Office
3 229 (21.36%) Banking
4 141 (13.15%) Social Skills
5 65 (6.06%) Analytical Skills
6 50 (4.66%) Financial Institution
7 43 (4.01%) Back Office
8 38 (3.54%) Legal
9 30 (2.80%) Investment Banking
10 17 (1.59%) Law
11 16 (1.49%) Telecoms
12 14 (1.31%) Prime Brokerage
13 12 (1.12%) Presentation Skills
14 9 (0.84%) Billing
15 8 (0.75%) Retail
16 7 (0.65%) Marketing
17 6 (0.56%) Games
18 4 (0.37%) Private Banking
19 3 (0.28%) Organisational Skills
19 3 (0.28%) Retail Banking
Job Titles
1 586 (54.66%) Developer
2 399 (37.22%) Software Engineer
3 336 (31.34%) Developer/Software Engineer
4 239 (22.29%) Python Developer
5 230 (21.46%) Python Engineer
6 218 (20.34%) Python Software Engineer
7 191 (17.82%) AWS Engineer
8 185 (17.26%) AWS Software Engineer
9 174 (16.23%) AWS Developer
10 125 (11.66%) React Developer
11 119 (11.10%) Java Developer
12 101 (9.42%) Lead Developer
13 93 (8.68%) Java Engineer
14 92 (8.58%) Java Software Engineer
15 85 (7.93%) Lead Software Engineer
16 73 (6.81%) UI Engineer
17 71 (6.62%) UI Developer
18 66 (6.16%) Java Software Developer
19 65 (6.06%) Lead Software Developer
20 57 (5.32%) Analyst
Libraries, Frameworks & Software Standards
1 427 (39.83%) React
2 401 (37.41%) Web Services
3 192 (17.91%) AngularJS
4 174 (16.23%) Node.js
5 159 (14.83%) gRPC
6 157 (14.65%) Vue.js
7 101 (9.42%) .NET
8 74 (6.90%) Kafka
9 64 (5.97%) .NET Core
10 47 (4.38%) CSS
11 44 (4.10%) HTML
12 43 (4.01%) NumPy
13 36 (3.36%) REST
14 32 (2.99%) J2EE
15 30 (2.80%) SciPy
16 29 (2.71%) GraphQL
16 29 (2.71%) TensorFlow
17 26 (2.43%) Pandas
18 24 (2.24%) FIX Protocol
18 24 (2.24%) Spring
Miscellaneous
1 324 (30.22%) Equities
2 312 (29.10%) Fixed Income
3 273 (25.47%) Foreign Exchange (FX)
4 261 (24.35%) Derivative
5 152 (14.18%) Pricing Data
6 96 (8.96%) User Experience
7 65 (6.06%) Greenfield Project
8 45 (4.20%) Algorithms
9 39 (3.64%) Credit Derivative
10 31 (2.89%) Credit Risk
11 22 (2.05%) Management Information System
12 19 (1.77%) Data Protection Act
12 19 (1.77%) Data Structures
13 18 (1.68%) Market Risk
14 16 (1.49%) Enterprise Software
15 15 (1.40%) Analytical Mindset
16 14 (1.31%) Data Centre
17 10 (0.93%) BYOD
17 10 (0.93%) Graphic Design
18 9 (0.84%) Video Conferencing
Operating Systems
1 72 (6.72%) Windows
2 67 (6.25%) Linux
3 24 (2.24%) Windows 10
4 17 (1.59%) Unix
5 15 (1.40%) Windows 7
6 13 (1.21%) Windows Server
7 9 (0.84%) Windows Server 2012
8 8 (0.75%) Apple iOS
8 8 (0.75%) Windows Server 2016
9 7 (0.65%) Mac OS
10 5 (0.47%) Red Hat Enterprise Linux
10 5 (0.47%) Windows Server 2019
11 3 (0.28%) Windows Server 2003
11 3 (0.28%) Windows Server 2008
12 2 (0.19%) Windows XP
13 1 (0.093%) Android
Processes & Methodologies
1 610 (56.90%) Software Engineering
2 545 (50.84%) Asset Management
3 472 (44.03%) Agile Software Development
4 364 (33.96%) Investment Management
5 333 (31.06%) Full Stack Development
6 235 (21.92%) Analytics
7 231 (21.55%) Microservices
8 175 (16.32%) Data Science
9 174 (16.23%) Data Management
10 172 (16.04%) DevOps
11 171 (15.95%) Artificial Intelligence
12 162 (15.11%) Project Delivery
13 158 (14.74%) Test Automation
14 152 (14.18%) Enterprise Data Management
15 147 (13.71%) Fintech
16 115 (10.73%) Portfolio Management
17 96 (8.96%) Problem-Solving
18 91 (8.49%) Data Analytics
18 91 (8.49%) Front End Development
19 74 (6.90%) SDLC
Programming Languages
1 629 (58.68%) Python
2 495 (46.18%) Java
3 429 (40.02%) SQL
4 416 (38.81%) JavaScript
5 261 (24.35%) TypeScript
6 177 (16.51%) C#
7 172 (16.04%) Scala
8 135 (12.59%) Kotlin
9 112 (10.45%) Clojure
10 97 (9.05%) C++
11 53 (4.94%) PowerShell
12 46 (4.29%) PHP
13 34 (3.17%) R
14 19 (1.77%) Bash Shell
15 17 (1.59%) F#
16 14 (1.31%) C
17 11 (1.03%) Cython
18 8 (0.75%) VBA
19 6 (0.56%) Ruby
20 5 (0.47%) Perl
Qualifications
1 59 (5.50%) Degree
2 20 (1.87%) Computer Science Degree
3 15 (1.40%) PhD
4 7 (0.65%) Master's Degree
4 7 (0.65%) Microsoft Certification
5 4 (0.37%) PRINCE2 Certification
6 3 (0.28%) AWS Certification
6 3 (0.28%) ITIL Certification
6 3 (0.28%) MCP
6 3 (0.28%) MCSA
7 1 (0.093%) RHCA
7 1 (0.093%) RHCE
7 1 (0.093%) VCAP
7 1 (0.093%) VCDX
7 1 (0.093%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 207 (19.31%) QA
2 31 (2.89%) GDPR
3 15 (1.40%) SLA
4 4 (0.37%) Data Quality
4 4 (0.37%) ISO/IEC 27001
4 4 (0.37%) PMO
5 2 (0.19%) NIST
5 2 (0.19%) PCI DSS
5 2 (0.19%) Sarbanes-Oxley
6 1 (0.093%) MiFID
6 1 (0.093%) PMBOK
System Software
1 193 (18.00%) Docker
2 36 (3.36%) Active Directory
3 26 (2.43%) VMware Infrastructure
4 16 (1.49%) vSphere
5 6 (0.56%) VMware ESXi
6 4 (0.37%) Veritas Cluster Server
6 4 (0.37%) VMware Workstation
7 3 (0.28%) Microsoft App-V
7 3 (0.28%) XenApp
7 3 (0.28%) XenDesktop
8 2 (0.19%) Virtual Desktop
Systems Management
1 192 (17.91%) Kubernetes
2 133 (12.41%) Terraform
3 30 (2.80%) Ansible
4 18 (1.68%) SCCM
5 12 (1.12%) Puppet
6 11 (1.03%) SCOM
7 10 (0.93%) Grafana
8 7 (0.65%) PowerCLI
8 7 (0.65%) Prometheus
9 6 (0.56%) Failover Clustering
9 6 (0.56%) McAfee ePO
9 6 (0.56%) NetBackup
10 5 (0.47%) Opscode Chef
10 5 (0.47%) Symantec Enterprise Vault
11 4 (0.37%) OfficeScan
11 4 (0.37%) Red Hat Satellite
11 4 (0.37%) Trend Micro Deep Security
12 3 (0.28%) Cobbler
12 3 (0.28%) Docker Swarm
13 2 (0.19%) vCenter Server
Vendors
1 55 (5.13%) Microsoft
2 33 (3.08%) VMware
3 26 (2.43%) Bloomberg
4 22 (2.05%) Algorithmics
5 21 (1.96%) Oracle
6 20 (1.87%) Sybase
7 16 (1.49%) Reuters
7 16 (1.49%) Yahoo!
8 15 (1.40%) Instagram
9 14 (1.31%) Cisco
9 14 (1.31%) Citrix
10 12 (1.12%) Adobe
11 9 (0.84%) FactSet
12 8 (0.75%) HP
13 7 (0.65%) Apple
13 7 (0.65%) ServiceNow
14 6 (0.56%) Altiris
14 6 (0.56%) Calypso
14 6 (0.56%) McAfee
14 6 (0.56%) Murex