Should I take this internship offer from a small HF?

Background: * Economics undergraduate at (high?) semi-target uni. * Undertaking placement year (year in industry) on a FoF team at a mid sized PB/AM. No other experience in high finance. Will be taking CFA L1 in June and aiming to write some investment theses and make a small/paper portfolio within next 6 months. * Aiming for career in investment management of some sort (naturally equities-focused but not opposed to other areas, just probably not FoF due to declining nature of industry and limiting skills developed).

I recently lucked into a 2 month internship offer at a small European L/S hedge fund ($100M) within a $2bn shop. It was quite a random offer, pay is low (like very low), but my main concern obviously at this stage is experience that looks good later. I will be doing primary research for the fund (i.e. more detailed research for their ideas that they don't have time to do) but I will be included in on the rest of the process and decision making. I have till February to take it or not.

My question really is: will this help me get AM later? It's not that I actually have any other internship offers, but is this a good use of my time?

3 Comments
 

You lucked into it but you’re not sure if you want to take it? Plus you don’t really have any other internship offers?

I don’t know too much about AM recruiting, but the answer is pretty clear dude.

Relevant experience No experience.

You shouldn’t take it man, I bet you got other things to do.

 

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