The competition is intensifying among global hedge funds giants to attract top traders and analysts. There's particularly high demand for talent at "pod shops", which allow portfolio managers to run their own strategies and manage allocated capital.

High-profile managers with strong track records can command pay packages in the tens of millions of dollars.

"The type of manager we're trying to hire, they are hiring us. It's not [us] hiring them", says Jay Luo, President of Dymon Asia Capital, a regionally focused alternative manager with about $5 billion in assets. He likens managing a pod shop to running a high-performance sports team and shares his insights on competing against global hedge funds like Millennium and Point72 -- with hiring the right person sometimes years in the making. He joins John and Katia on the Asia Centric podcast.