Recruiter Don Dzurilla used to see quite a few resumes from portfolio managers come across his desk. These days, those executives are more content, it seems, to stick with their current jobs.

"I haven't gotten too many [resumes] recently," says the founder of Donald Dzurilla International of New York, which places high-level executives in the financial services industry. "I haven't seen much turnover on the portfolio side at all."

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