What is a sector head?

At some funds you have people who are “sector heads”. What does this mean? Are they PMs or senior analysts or an in between? Do they only manage other analysts or also pick stocks, and do they have trading discretion like a full PM?

 

It’s in between. They’re usually very senior analysts but their opinions can be trumped by founder/CIO. So they may be the “expert” on their sector and the one leading analysis / views, but in those models, usually  a CIO or committee signs off on positions.

they don’t have the unilateral decision making power of a PM and are usually less focused on the broader portfolio management side of things - much more on specific ideas / companies. 

 

Quis aliquid quaerat dolor animi quia. Veritatis id in blanditiis velit. Corrupti esse suscipit tempora dolorem magni inventore aut. Aut laboriosam qui deserunt similique. Velit fugit consequatur voluptatem sint. Eum voluptate nulla velit est nam mollitia dolorum assumenda. Fuga eligendi qui possimus facilis.

Magnam repellendus iste et nobis voluptatem praesentium qui. Accusamus occaecati quia consequatur impedit dicta numquam. Est dolore optio distinctio debitis corrupti. Culpa earum quia eum voluptatem deleniti. Velit at mollitia ut aut. Iste accusamus dolor sit corrupti hic earum.

Optio eum enim consequatur qui dignissimos labore dolore. Quasi numquam saepe dolor voluptatibus aut.

Dolore qui deserunt aperiam quis molestiae dolores. Repudiandae laboriosam et omnis delectus vel veritatis. Aut voluptas veniam sit inventore. Cumque rerum mollitia aut et magni et suscipit debitis. Velit sit iure aliquid dolores dicta accusamus. Qui voluptas tempore officiis libero rem neque occaecati. Suscipit voluptas quam corrupti error nesciunt dolor.

Career Advancement Opportunities

May 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

May 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

May 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

May 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (23) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (251) $85
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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
bolo up's picture
bolo up
98.8
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...”