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03/16/2011

Turnaround in Mutual Funds Is Sure to Boost Hiring


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Remember 2008 and 2009? They were pretty horrible years for those working in mutual funds. As the financial meltdown took its toll and the stock market plunged, fund liquidations and layoffs decimated the space. But it appears that we’ve hit rock bottom, and asset management and advisory and consulting firms are beginning to hire again.

The change was inevitable. Investors are beginning to come back to the market, and stock funds are enjoying a boost. Understandably, the muni mutual fund market's seen considerable outflows.

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