Equity Research or Credit Research
I recently received two internship offers, one for HY credit research and(both ). I have a lot of interest in both asset classes and don't know which one to pick. Long term I am fairly certain that I will eventually want to work at a HF because I want to take on risk. Ideally I would like to work at a fund that takes positions in both asset classes, not strictly equities, that is what led me towards HY credit. I know a lot of people say it is easier to switch from credit to equity than the other way around but I wanted to see if anyone has an opinion on this. Which one will have more exit ops to HF? Which one will provide a better all around skill set? If I choose either one will that limit me strictly to that asset class when it comes to exit ops? Any other opinions on the two choices would be great as well.