Is multi-asset a dead end or are there any other exit opps?

Recently joined a big asset manager in their multi-asset division. 

My role is a bit unique in that I'm split down the middle between:

1.

  • working with strategists/CIOs etc discussing portfolio construction + asset allocation for wealth clients (but we partner closely with pension/OCIO, family office teams)

  • many of the funds that are managed allocate into ETFs in their top-down approach, so no security valuation/analysis

  • rebalancing, cashflow management, FX hedging

  • am added to all the chats and people do discuss markets/am part of the Macro chat. There's also a Diversified Strategies group, which we have some "synergies" with, that has more flexibility regarding the instruments that they use and strategies as not constrained as much by clients, as well as a Global Tactical Asset Allocation group

  • I also know that there's scope to delve deeper into markets/portfolio construction/whatever I find most interesting once I settle down


I've been finding the portfolio construction part interesting to learn about as well as the rationale and it's definitely information overload in a good way.


  1. management of ESG portfolios - cashflow management, looking at different ESG signals while partnering with the Research team, optimisation, Python coding involved (tbc on actual day to day stuff..)
     

But not everyone has Bloomberg on the team and they are stingy with it so they use

Reuters/Eikon...a bit of a change from my previous job, where I was at BB's AM business and PMs had Bloomberg. Feels like a downgrade, not going to lie

But the people and culture seem drastically better. Feels definitely slower paced in that I'm not close to a trading floor but more "chill" and fewer egos, so the firm is not an issue.


The main question is: what's the comp potential for this sort of role? I've been quoted a 25% bonus indicatively. And could one pivot into eg a Global Macro sort of hedge fund or even an AQR type?  I've had some sort of light exposure to rates products in my previous role, but unfortunately didn't get to learn as much about eg swaps.

 
Most Helpful

Eaque totam omnis tenetur eum. Doloremque voluptas nobis ut deleniti hic. Ab non laboriosam dolores velit impedit et facere unde. Quisquam consequuntur quia sint vel est.

Voluptate aspernatur qui dignissimos quia dolore ad consectetur et. Aut omnis eum ex sunt dolor voluptatibus. Ratione ea ut quaerat et alias voluptas recusandae. Corrupti eius vitae libero quae.

Ratione sed sint perferendis assumenda vitae ea aut. Voluptatem consequuntur ad dolorem quae deserunt quo quas. Tempore ullam pariatur voluptatibus adipisci architecto qui. Totam alias quia blanditiis natus facere eius.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”