Top 20 asset management firms (think Wellington/Invesco/T.Rowe Price), emerging market analyst position.
Passed all interviews, HR followed up, emailed to proceed with the offer, I sent current package materials back, one month later I was told they have to freeze the headcount.
I understand the market is quite volatile recently, but what should I expect? Does hiring freeze mean dead end and I should look for other positions?
| +29 | What is Asset Management? | 3 | 2w | |
| +26 | Scam - Remote Equity Analyst Role at Top LO | 7 | 3d | |
| +20 | Workplace bullying or totally normal | 17 | 6d | |
| +18 | Portfolio Associate Interview - Need advice! | 1 | 1w | |
| +18 | Breaking into LO AM from FP&A... | 4 | 4d | |
| +17 | BlackRock 2025 SA | 30 | 15h | |
| Am I cooked? | 6 | 2w | ||
| +15 | How to not be mentally drained by this job? | 4 | 1w | |
| +13 | Do LO invest in businesses or stocks? | 3 | 3d | |
| +12 | Portfolio management vs asset management | 4 | 2w |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Is this related to the Invesco/OppenheimerFunds deal? I listened to the Invesco analyst call last week, and one of the justifications for the deal was a ton of cost savings through "synergies" (read: system consolidations and layoffs) For most positions, I would tell you to go elsewhere, but as an EM analyst you might have a shot. Some of those active EM teams are very high powered, and if the PM makes a stink, I think they may make an exception.
Thanks for your input.
How'd you like the "response" to Marty's answer to the first question? LOL
Vero dolorem necessitatibus quo incidunt fuga labore. Eaque dicta ratione molestias culpa. Dignissimos ea perspiciatis id aspernatur consectetur laborum inventore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...