Recruiting from Low-Quality Fund
Would appreciate some recruiting tips/advice. For context, I’ve been at my current fund (equities) for some time. While pay has been solid, the mentorship, idea velocity, professionalism, portfolio management, sellside access, and returns have been much worse than expected.
On top of this, the fund trades infrequently and my names haven’t done well (mix of my own fault and PMs fault). As such, I’ve been trying to leave to a better fund. Truly, it’s been difficult to pitch myself well in recruiting processes. Not only do I not have successful ideas to talk about, but also our fund’s investment process is incredibly lazy and lackluster.
However, I was a top ranked associate in ER and my current PM has also has verbally said to me many times that I am the analyst with the best work product. This makes me think that I’m not total garbage at this job.
So taking this all into consideration, how do I pitch myself in a way that separates me as competent analyst from what has been mediocre performance in the fund and a lazy investment process? Would love to hear from anyone, especially those who have been in a similar situation before.