Route to Hedge Fund

ask urself how do u bang a model? attack it the same way

My rec would be start in asset management. Ibanking has little to do with hedge funds. HF's are asset management, like mutual funds. Except hedge funds are wayyyyy cooler and more profitable.

Easier to get to hf from ibanking than from asset management in my opinion.

I think you should probably be worrying about how to get your first job, let alone becoming a PM...

Cart WAY WAY WAY ahead of the horse...

IB or ER to eventually get into an HF?

thx

Probably ER. Although IB would give you solid networking.

I don't think there is a good answer.

with ER, I sit all day and talk to hedgies. Pretty decent network plus the quant skills.

S&T is not good path to HF?

If you want to work for a high-frequency trading shop, S&T is the right place to start, not IB. You don't see RenTec, SAC Capital, Citadel, etc. hiring investment bankers, because they are useless in trading shops.

If, however, you want to work a place where you do a ton of fundamental analysis for each trade, IB is the right place to start.

There are lots of funds using both styles successfully. Figure out what you like, and go that route.

dang so im a newbie to the terms; wats ER and S&T??

dang so im a newbie to the terms; wats ER and S&T??

thanks, that clears it up a ton

ER is equity research, S&T is sales and trading.

actually, most trading shops still need analysts that'll perform fundamental research, SAC has analysts performing fundamental analysis... most PM think that IB experience is the best way to prepare for a hedge fund career...

thx

Sry for bumping old thread, but how profitable is ER compared to IB?

so you abduct the hedge fund manager, tie him up, bring him to your home and have your way with him?