From real to fast money - Credit Portfolio Manager

Hi there,

I'm a junior portfolio manager (straight out of school) at a tier 2 life insurance company in Europe. I'm managing roughly 1 Bn mainly in high beta credit. My goal as always been to join the HF industry but the job they offered me was quite nice regarding my level of experience.

The former PM had a portfolio rotation of 2 to 3 times a year but long only. I'm also co-managing a total return fund (long biased but also allow short).

What could be the plan to switch to the HF industry ? I was thinking about staying at my current company 2 or 3 years and then try the switch giving me some time to build a track-record. Or applying to a trading role at BB via associate program and then make the switch. What do you think ?

Thanks a lot,

2 Comments
 
Best Response

Debitis aspernatur totam aperiam iure excepturi quaerat. Nihil aut dolorum ducimus aperiam eveniet quaerat. Eos nihil rerum cum accusantium est.

"Sounds to me like you guys a couple of bookies."

Career Advancement Opportunities

November 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • AQR Capital Management 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Overall Employee Satisfaction

November 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 95.0%

Professional Growth Opportunities

November 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

November 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $355
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (277) $95
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”