Investment Strategy in AM to Global Macro Fund. Possible?

How likely it is to move after few years from a investment strategy team of AM to a Global Macro Hedge Fund? Or do the funds prefer sellside traders who have more market experience?

 

does the investment strategy have a macro bent? do you observe and prepare for potential tail risk? then... perhaps yes?

but if you are just at a domestic focus long only AM, your chances are slim to none.

 
Best Response

In general, I have not seen too many people move from AM to macro HF. The most common move is from sellside trading (fixed income, currencies, commodities). If however you were working on macro research or multi-asset strategies at a big AM such as BlackRock, Wellington, PIMCO, State Street, you definitely have the knowledge base. My feeling though is that since long-only mutual funds are very different from macro hedge funds in terms of risk profiles, culture, etc., it may be a tough sell.

 

Yes it is actually investment strategy team of a large multi asset manager including mostly macro analysis. I have no doubt that in few years I will have an good overview of the macro picture, but I will not be an expert of a single asset class, more like a generalist. I was wondering in macro HF's are you usually put in a fixed desk, for example rates, or do you trade/invest in multiple asset classes?

 

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