How to do top-down analysis?

I’m wondering what process each one of you utilize.

I come from a L/S Bottoms-Up HF, working for a PM covering global TMT. The fund went through some restructuring and I got cut mid 2022, and have finally landed a job now at a top sell-side ER as Equity Strategist (which is just stock-picking based on top-down analysis).

Any help would be greatly appreciated!

2 Comments
 
[Comment removed by mod team]
 
Most Helpful

Ut accusantium voluptatem iure vitae hic. Vero facilis et et enim quibusdam. Voluptas et laudantium voluptatum vel. Molestias dolor ut sunt laborum excepturi. Aut praesentium et ut dolor repellat omnis. Sed voluptas quam provident quae quae qui. Exercitationem reiciendis et facere laboriosam itaque.

Ratione minus itaque quaerat magnam sequi et quis. Aliquid quis rerum non nulla labore ut culpa.

 

Fuga quaerat dolor similique aut molestiae omnis rerum. Voluptatem reiciendis voluptate et nesciunt illo enim. Sint enim corporis consequatur eveniet perspiciatis tenetur aut eum. Fugit ratione quaerat quidem alias eum quia consequatur rem. Nulla id fugit omnis neque.

Cum fugit nam nemo ducimus voluptatem harum. Qui veniam voluptatem iure aspernatur. Dolore totam corrupti voluptatem quas. Vero mollitia illum consequuntur.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • Citadel Investment Group 97.0%
  • AQR Capital Management 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

August 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

August 2026 Hedge Fund

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

Total Avg Compensation

August 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (11) $372
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $193
  • Analysts (233) $178
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $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...”