Info on Capital Group
Looking for more info on capital group. Not really interested in their TAP program, but more as joining as a junior investment analyst or associate (not sure the correct position) for equity research. I know their style is each PM gets a sleeve of funds they cover, but how does research work with analysts?
Also interested in pay, culture, hours, where investment analysts from capital group exit to (if they do), and any other differentiating factors from T Rowe Price, Fidelity, and other AM firms.
Analysts don't leave. Analyst is a post-MBA position. Associates are junior and they leave. They go to all kinds of public funds, including other long-only funds and MM HFs. They also go to top MBA programs. Think that's pretty common across all the big AM funds.
It's a private company. Pay is to the moon if you're there for a long-time
Culture is professional and long-term focused. They take care of their people. Turnover is very low.
A point of differentiation might be the consistency of the firm. TRowe, Fido and others probably have more organizational volatility