Hi together
can anyone help me. Researching about career path in asset management heading for a Portfolio manager position- but not that successful… Can you directly become a junior/assisting portfoliomanager or do you have to start in research (and for how long)?
What are the steps (compared to analyst, associate,…) and how long does it approx. take to go to jump to the next?
Thanks,
Aniratha
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Careers in AM are less
Careers in AM are less structured than their IB counterparts. Its based around your performance more than it is about the years you've been around. The smaller the organization, the looser the structure.
That said the typical
That said the typical ranking structure is :
Research Associate/Assistant -> Research Analyst -> Associate Portfolio Manager -> Portfolio Manager
what about pay? How long on
what about pay? How long on average does it take to become a portfolio manager? What are some of the best/prestigious AM firms on the street? Are they BBs or other firms?
Asset management is
Asset management is extremely varied. You could be working at a BB, hedge fund, mutual fund or university endowement. All are different. It makes more sense to ask about specific firms engaged in asset management than it does to ask about asset management as a whole.
stand-alone or BB-linked asset management houses?
In general, which are the long-only asset management houses that pay the most on the street (in terms of base and months of bonus) for an analyst role? The large stand-alone ones or those BB-linked ones?
Not sure. Bridgewater has a
Not sure. Bridgewater has a 100k base + 30 min bonus, last year anyway. Similar to other top hedge funds. I am not sure what BB internal funds will pay, I would assume it will be a bit lower - but I am sure it varies. Small hedge funds will pay less as well.
Let's assume something like
Let's assume something like GSAM. How much would that pay?
referring to long funds and not hedge funds
was actually enquiring on long-only mutual funds and not hedge funds. so which are the better paying long funds? any idea? thanks!
Fidelity, Putnam, T. Rowe
Fidelity, Putnam, T. Rowe Price, MFS, Scudder, BlackRock, PIMCO
How does MSIM rank, salary
How does MSIM rank, salary and reputation-wise?
Best compensation amongst BB AM
Among the BB-linked asset management houses, which are the ones that provide the best compensation for someone at the research analyst level?
There are always more
There are always more questions then answers on this forum.... If anyone know os an active Aseet Management/portfolio management forum please let us know
cheers