S'pore hedge fund invests in training young interns
16-year-old learns about asset management as Republic looks to plug local talent shortage
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Raffles Girls' School student Cao Yi Ke spent two weeks last year at hedge fund Modular Asset Management. As tycoons and hedge fund giants move en masse here, a shortage of qualified professionals is starting to bite.
PHOTO: BLOOMBERG
In the dog-eat-dog world of hedge funds, giving an internship to a 16-year-old is almost unheard of.
But when local talent is hard to find, teaching a minor how to generate alpha can be a worthwhile investment.
