Would love to hear from people who have experience in HK buy side scene? Mostly looking for certain names of shops in the city, I am currently doing my first year at a small buy side shop and would love to gain more exposure with a larger fund. Please comment your thoughts and experiences, thanks!
| +35 | Do Quantamental roles really exist? | 16 | 3h |
| +18 | Worth Joining a Small Hedge Fund? | 12 | 13h |
| +15 | Average single manager slope | 5 | 4d |
| +15 | L/S Equity Career London | 10 | 2h |
| +10 | Hedge Fund (Fundamental Long Short Equity) Compensation in Singapore Hong Kong | 2 | 1d |
| +9 | Bad PM | 5 | 2d |
| +8 | Yes, this question again… | 3 | 16h |
| +6 | P72 final round resubmitting case study | 2 | 7m |
| +5 | X | 6 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Hi Investment Analyst in AM - Equities, yes, I'm a bot, but I'm also good looking. Hopefully, these threads help you:
More suggestions...
If those topics were completely useless, don't blame me, blame my programmers...
Bumping own thread
All the MM platforms (P72, Citadel, MW, BAM, Polymer, etc) have teams in HK, and they're more aggressive on hiring, so those are probably your best bet in terms of working for a larger fund. Other global funds like Och Ziff, Tiger Pacific also have people based in HK, so can try for those too.
For local funds, not really sure on the specific AuM numbers but the following are all well-known shops: Value Partners, Tybourne, Ward Ferry, Janchor, Oasis, Nine Masts, Oxbow, Snow Lake, Optimas, Zeal, Anatole, and Aspex. There are only a handful of shops with US$1bn+ in assets so as you can imagine, the number of seats available are limited.
Having said that, there are a lot of small/mid-sized local shops (
On the long-only side, the U.S-based Capital/Wellington/Fidelity all have HK offices, as well as the European AMs like Baillie/Abrdn/Schroders. Bulge brackets also have AM teams based in HK that manage China funds (ie. JPM, UBS etc). But talent turnover is likely even lower on the long-only side. Feel free to PM as there's only so much I want to post online.
bump
Thanks for the insight. A few questions.
Do these MMHF and SMHF have the same reputations in Hong Kong / Asia as they do in the US? Is Tiger Global similarly the most coveted job in Hong Kong as it is in NYC, where only BX PE kids have a likely shot? How do these US funds compare to local ones?
Second question is regarding AUM: why are >$1 billion funds so rare in Asia when there’s so much capital in the region?
It's not rare. There are plenty of them. Just talk to anyone on a Asia BB ECM desk to get a list.
If you don't know Chinese are you at a disadvantage?
Yes
Yes, especially if you're ethnically Chinese and don't speak the language. If you are white and don't speak Chinese you might be okay.
There are way more HK/Asia-based funds with AUM >$1B than you are making it out to be.
I have an offer at a boutique and have a few questions. Would you be able to pm me? You’re anonymous.
Bump
Out of personal curiosity, do these shops ever hire from US MM IB/PE? How does the recruiting work? HH or networking?
Et omnis et ipsam aspernatur. Voluptate officia repellendus at soluta aut soluta odit.
Harum error ullam numquam assumenda dolores dolore. Saepe molestiae totam velit voluptates. Rerum dignissimos et dignissimos esse ab id illo. Vitae nulla alias ut quibusdam. Veniam aliquid et quia.
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...