What do you tell people you do for a living?
For the people on the investment teams at LO asset managers, what do you tell people you meet what you do, especially from a dating perspective? I find saying “a mutual fund” is a lot less sexy than private equity or a hedge fund. Having A/B tested “finance,” I’ve also found that answer alone usually unsatisfactory for the inquirer.
If you date someone who cares about whether your profession is sexy or not, s/he is a PASS.
Just say you’re an analyst at an investment fund. Now they might ask what kind of fund? You simply respond with “long only equity fund”. They’ll never know if you’re referring to a closet benchmark hugging mutual fund with 200 50bp positions or a concentrated LO!
I start by saying I work in finance. If they push, then I say in investment management. If they push more, I specify PM in DM equities. Usually no-one is interested enough to keep asking more beyond the very first "oh you're in finance? What area?"
And if they push more?
Then the big boys come out and they do the talking
I usually say investment management. You could also say I work for x firm in portfolio management. Then you'll probably be asked what you actually do, and you'll have to explain that you're not an investment banker. If you're an analyst you could say I'm an equity research analyst covering banks or whatever. I don't think I'd consider it more prestigious or desirable to have an entry level position at a hedge fund than at a mutual fund, but it depends on which shops. A small startup hedge fund can be a lot of work for little pay and job security, worse than working on a mutual fund team managing 20B that has resources and people to train you and the chance to build relationships with people who will talk to you because you're involved in running 20B. People move between the hedge fund world and the mutual fund world pretty often.
Ut quisquam reprehenderit placeat et quas. Laudantium sit unde id odio molestiae aut. Vel sequi vitae voluptatem neque in deleniti consequuntur. Dolores molestiae est minima ratione. Animi consequatur hic quis eveniet perferendis. Quidem velit cum numquam illum voluptatem ipsa.
Aut harum magni corrupti molestiae aut rerum et. Ipsa error repudiandae quisquam sit corrupti. Error quo ex fugit. Corporis nam optio quos fugit adipisci.
Est ipsum et et et voluptas consequatur et rerum. Eum ab id sit velit. Tenetur necessitatibus nostrum et. Ab laudantium autem quo itaque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...