Sector Specialist vs. Investment Analyst

Equity research associate (sell-side) here, looking to move to the buy-side. A recruiter contacted me with regards to a "sector specialist" position at a well known & respected fund. He told me it's not a fundamental research analyst role as I would be reporting to a few different PMs, but the job description basically says I would be evaluating investment ideas, etc. This is a completely new division at the asset manager, started in 2015 as a way for the company to bolster its in-house research.

The description says: Interfacing with investment teams to understand the key investment debates or performance drivers, and partnering with the different teams on the research platform to define the approach for gathering relevant drivers. The role provides a unique opportunity to apply deep fundamental research to stock research, while working on a diverse range of high-impact projects across many industries. As part of a team, he will interact frequently with senior members of the organization.

Also this in another paragraph: ...focused on providing research solutions to the Long/Short teams at. The role consists of developing relevant products and insights from a variety of data sets created and sourced by the Firm to forecast fundamental drivers of stocks and sectors.

I'm wondering if this is a) a good opportunity or not and b) if this is more-or-less an analyst role. If it's not, I am now pigeon holed in this type of position or will this be a foray into portfolio management? Very confused as to whether or not I should pursue this. I'm obviously also somewhat wondering what pay is like relative to typical analysts.

 

Sed voluptatibus quo sed ullam quis dolorem. Rerum aut temporibus rerum qui sed repudiandae debitis. Ipsum rerum veritatis aut dolorem dolor. Eveniet eos odit veniam ipsam laboriosam facere illum.

Career Advancement Opportunities

April 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Magnetar Capital 96.8%
  • Citadel Investment Group 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

April 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

April 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Citadel Investment Group 95.8%
  • Magnetar Capital 94.8%

Total Avg Compensation

April 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (249) $85
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
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
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...”