Working in a long only fund

Can you describe the day to day of working in a long only fund vs a long/short hedge fund?

How does a typical quarter look and how does that compare to a hedge fund?

Maybe in a sliding scale of MM pods to long only funds, any key difference in the long only role?

Lastly, beyond the well know long only funds (BlackRock, T. Rowe, etc.), what are the other interesting funds in the $100-500b AUM range?

3 Comments
 

Quarters are a lot less important, since most funds are targeting 2-4 year holds. A few funds have time horizons in the 5+ year range. This means that overall workload and time sensitivty of work is much lower in long only than in pod shops.

I don't think AUM is necessarily the right thing to focus on. There are very high quality managers with $100bn, and less well regarded managers with >$100bn. 

 

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