PB Hedge Fund Advisory internship interview

I decided to post this here because I think it has more to do with Hedge funds than banking or private banking for that matter.

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Anyway, I managed to secure a one hour 1-on-1 interview for a Private Banking Hedge Fund Investments internship. It's with Credit Suisse.

I already had a 30 min interview with the head of the department (who by the way comes from the hedge fund industry). It went great, and I got the call this morning to schedule a personal interview.

Basically, the team I'd be working with if I get this position takes care of:

-Product selection
-Hedge Fund advisory business
-Discretionary business

The interview will be with the same head of department I had on the phone and with the HR person. I was told there will be "technical questions" and "HR issues".

I'm so pumped, this would be an amazing opportunity.

I have 3 days to prepare. What do you guys suggest I look up/study? The "technical questions" part kinda scares me because, as you know, you don't learn anything about hedge funds at university.

I have quite a bit of knowledge in portfolio optimization stuff (different kind of models (black litterman, treynor-black, Jensen Alpha,...), I made sure to take lots of quantitative modules at uni (lots of finance, econometrics (3 courses), stats, prob, decision analysis,...).

I hope these facts help.

Thanks guys

 
Best Response
kinghongkong:

I think you should just look into the strategy that you will be using at Credit Suisse if you get the job and just generally how the business works. Not sure though.

You mean "strategy" as in the strategy Credit Suisse uses to select products for clients?

Because I know CS is well known for their Hedge Fund indexes like the Dow Jones Credit Suisse Hedge Fund Indexes and the Liquid Alternative Beta. I don't know how this plays in.

They have so much on their website that I'm a bit lost:

https://www.credit-suisse.com/ch/hedge_strategies/en/

Should I look up actual hedge fund strategies? I think I should definitely learn the names of plenty of hedge funds I have a bit of knowledge on how there are some difficulties when you try to compare hedge fund (or mutual fund) performances like survivorship bias, is it skill or luck?, always need to compare return to risk,...

Why would a Private bank division advise hedge funds? Can someone explain this? What does the bank have or know that the HF doesn't?

 

Look into basics such as portfolio theory (reducing risk through diversification), CAPM, arbitrage pricing if you don't know them already. Also check your email ;) We are all gonna make it brah

 

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