Please explain main differences between fixed income credit trading at a good buyside firm vs. long/short credit hedge fund.
Credit trading seems more attractive b.c. you get to learn more risk mgmt rather than being heavily research-focused, but can someone confirm / breakdown how each day in the life is different for an associate?
How much more mathy is credit trading? What are the relative pluses / minuses of each? Are sellable skillsets wider for the trader?
I am tempted to enter sell-side credit trading to try to get into buyside later instead of pursuing long/short credit fund now b.c. I want the trading skillsets but just wanted to make sure that you actually don't already get this from going long/short?