Citadel vs AQR
I posted this in Asset Management but in hindsight I think it makes more sense here.
How would you guys pick between interning/working at Citadel or AQR? I'd value any relevant thoughts here.
Interning at Citadel vs AQR (Originally Posted: 02/25/2014)
How would you guys pick between interning/working at Citadel or AQR? It seems like Citadel has traditionally had a bigger name but AQR has accumulated massive AUM over the last few years (they're up to 99 billion now). I'd value any relevant thoughts here.
For what desk? Do you have offers? Seeing they both manage huge client assets I wouldn't take this into account, in the HF world a huge client base doesn't necessarily mean better fund.
Using total AUM doesn't offer a like for like comparison, as, to my knowledge, a fair chunk of the AQR AUM comes from long-only, mutual fund-like vehicles (e.g. their risk parity funds), whereas Citadel is purely a hedge fund.
I can confirm this, AQR is definitely not a pure hedge fund. There are a lot of smart people that work there. Good question though, not sure of the answer. I think they are generally comparable, though AQR might be a bit more academic...they publish papers.
Interesting points made. So if one was comparing the two, there isn't one that's seen as a consensus better?
Ut tempora optio corporis numquam. Quia corrupti consequuntur nostrum doloremque ad est. Animi sed eveniet alias numquam ut nihil.
Tempora vel consequatur minus molestias qui rerum. Itaque quod voluptate assumenda eum placeat ad architecto. Sunt quia laboriosam at nemo porro id similique. Iure et eaque dolor quidem animi molestias.
Ut ut culpa at et ut voluptas. Non non voluptatem fugit error in. Sint ut temporibus odit ipsam facilis cum repudiandae deserunt.
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...