Anyone have an industry tear down for AM?
I'm interested in learning more about AM space to understand differing types of work based on coverage (equity vs fixed income, public vs private, sector-specific, regional differences) and as much granularity as I can find on progression of skills and responsibilities from early the mid career.
I've run the bases, CFA's AM Industry book, Mergres&Inquisitions, AM perspectives by a few banks to get an idea of the level of research performed and whatnot, but nothing that dives into the minutia of work. So I thought to ask the question: what do entry-level folks in AM do? How sales-oriented is AM (relative to WM)? What does the progression in roles and responsibilities look like? What are common exit opps for an equity AM shop?
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