Silver BananaTopic
+1
Buyside comp - vesting componentI'm interested to hear from anyone currently in HF/AM who sees a portion of his/her annual bonus deferred or vested. I'm interested to see if this practice is "market", and if so, at what level (by title or above a certain pay) does the vesting actually begin. Anything on structure (i.e. X% of any...
0
How much do stock pitches really matter in interviews for experienced hires?Assuming you already have say 5-10 yrs of experience in a hedge fund, when interviewing for another fund, how much does the stock pitch actually matter? From my experience, not one previous fund ever hired because they really liked my pitch (or disliked it). They hired b/c they liked me as a person ...
0
How important are cover letters for hedge fund job applications?Hi all, I was just wondering how important are cover letters, and what do people try to convey through that? I am graduating this month. Thank you. Regards Sumit...
+1
Selling an algorithm to hedge funds?This question is on behalf of my friend. My friend is at university and is part of a hedge fund startup that has raised £5m in capital. The hedge fund consists of phd students. They have developed an algorithm. This algorithm has got the seal of approval from professors including a Nobel laureate...
+2
Startup HF DecisionHi WSO. I have a decision to make between joining a HF out of undergrad vs. RX at an EB bank. I have always been interested in the HF space and would be joining an HF after 2 years in RX anyways. The EB group places really well to top HFs in the distressed and L/S space (pretty much the top group on...
+3
Joining Start Up Hedge Fund - What to ExpectHey guys, I have the option to join a start up hedge fund after I leave b-school. It hasn't launched yet, and has raised almost $200MM in assets right now. The team is very strong, and the PM has had a great track record at the blue chip fund he left to start this one. We have not discussed comp fig...
+3
Good time for a new analyst to join L/S hedge fund?Hey guys, so I am looking into L/S equity hedge funds and would love to make a career of it, if not for the next 50 years or so, at least for the next 25 years. With the ETF/Index fund buzz and markets generally becoming more efficient, is this still a good time for a new analyst to enter an L/S equ...
+5
Good post and model for valuing distressed debtThis site is run by a poster on these forums but I think this post deserves attention because it is well written and includes a good looking Excel model. The layout and example are both simple but that will make the most sense for the most people reading the article. ...
+1
Global Macro HF vs BB ResearchHey guys, I have the option to join startup macro hedge fund. I'm currently an associate in macro research (think commodities/fx) at BB. Pros and cons of making the move? I've seen a few posts here about Macro HF vs S&T but nothing on Research vs global macro. Thanks...
+1
Learning to Short from a Long-Only BackgroundOver the past year I've went through a couple sets of interviews with a well known long-short multi manager platform. The process typically goes very smoothly early, and then in the end I get dinged I think basically because I do not have experience on the short side. I have five years of long-onl...
+1
If people want to end up in HF, why not equity research but IB?I mean equity research is more close to the stocks, IB skills would not be that important except modeling. If my understanding is correct, then why?...
0
Interview with Aurelius CapitalHey guys, I have a first round interview with a headhunter for a position with Aurelius. Does anyone know anything about the process and how to best prepare? I'll have some pitches/ideas ready. Anything beyond that? Thanks in advance!...
0
Back Office Operations Offer for a startup Quantitative Hedge Fund, Should i Take it? I want to get into FO (obv as fuck). I have never been glued to anything other than wanting to trade. Never liked IB, Credit. Liked modelling but always loved trading. Currently working as a Credit/Finance Analyst for a P&C carrier. And recently got to second round of a growing quant fund for BO Ops...
+1
Columbia Engineering vs Carnegie Mellon EngineeringI am going to graduate school for engineering. I want to start in a standard engineering industry and move up to business (probably get an MBA) and work at a hedge fund or other similar business job. I was accepted to both an M.S. in Columbia engineering and M.S. in Carnegie Mellon engineering. At ...
0
Life After a Multi-Manager Platformdelete thread please ......................................................................................
+1
When do you ask about comp?When HHs reach out to you about a role (call it 7+ years of required experience) at a HF (notorious for nebulous comp structure and varying range), do you guys typically ask what the pay is upfront? I do this and often find them dancing around the issue and saying something along the lines of "it's ...
0
Silver Point InterviewDoes anyone have any experience interviewing with Silver Point? This is at the analyst level. I have heard they have quite a difficult interview full of case studies, but is generally lighter on the distressed technicals (at least lighter than you'd expect). If anyone has any other info or thoughts...
0
Good teams/groups at AQR?Working as a research intern at AQR this summer and the recruiter told me to list any preferences I had for a group. Can anyone shed any light on any of the major three departments or groups within them (Global Stock Selection, Global asset allocation, Global Alternative Premia)?...
0
Private Trading Account InvestmentI've been trading privately for about 15 years now and I've been asked by several family members if they can invest in my trading account. Can anyone advise me if this is possible (only with family members) and if it is how to organise this? The account is less that $100K (UK Based)....
0
Highland Capital Management?Anyone have any experience with these guys in terms of culture/comp/exit oops etc.? Specifically their credit team...
0
Paulson Partner Committed Suicidehttp://fortune.com/2017/03/28/john-paul-charles-murphy-suicide-new-york/?iid=sr-link1 This is too sad. I wonder what is going on at Paulson fund regarding their $3B loss last year....
+1
Leaving Big 4 for HF/AM/MF - Help Am willing to provide advice on networking, applying to jobs strategically, and whatever it is someone in a similar boat might want to ask me about the Big 4 or Fortune 500 Finance roles. Also, WANT to get advice from experienced finance folks - how to break into HF from the Consulting world? I am...
0
Need a sponsor for my series 7 examHI. I have been trading for 3 years, finally have a bit of consistency. I live off trading. People are asking me to trade their money, but I´m kind of afraid, but they keep on insisting. I just formed an LLC and started trading with it. I want to take my Series 7 exam and file an ADV or whatever my...
0
Understanding Markets and EconomiesHey WSO, I'm interested in learning how financial markets and the overall economy work together. For example, I'd like to better understand the fundamentals of all markets and their relation to the overall economy. I have been trying to gain an intuitive understanding of how economies work, but t...
0
Finc Deriv's classLooking for either a very good online or in person financial derivatives class to take in Chicago. Want to try to avoid having to apply to a place like Booth. Not sure if any thrid parties that arent exactly universities offer anything like this or if anyone has taken a class similar that they recom...
+3
A 20-year-old who dropped out of NYU says he has raised $5 million for his hedge fundHere is the full article from Business Insider: http://www.businessinsider.com/julian-marchese-raises-5-million-for-hedge-fund-2016-11 This sounds like a joke to me. This guy is presumably from a rich family and goes to NYU, and yet he could not get any real SA / FT jobs? He literally has no work e...
0
Special Situations Investing MaterialAnyone come across materials that would be helpful in understanding "special situation" or structured credit investing? Any help would be greatly appreciated here...
+3
Value Investors wanted (in Paris)**Value Investing Club – membership offering** **You want to become a value investor and would like to join a group of like-minded individuals?** This may be the right place for you. We are 3 young professionals willing to enhance our investing skills in a group setting. We thought the best way...
0
Good Reports on Retail Industry/Doing Analysis on Retail Companies?I've been able to find reports from Baird, Jeffries, Credit Suisse, etc. through Google, but was wondering if anyone had any specific retail focused reports that they like. Also looking for primers into retail valuations and modeling. ...
0
HPS Investment Partners - Exits/Comps/BrandHi guys, Have been doing some digging around HPS Investment Partners (fka Highbridge Principal Strategies), but it seems like there are not a lot of information about the firm out there after the buyout from JPM. Anyone can shed some light on the firm's exit opps, comp range, and brand name? All i...
+1
Comprehensive buy-side breakdownI’m about to begin as FT at an EB and have begun thinking about buy-side opportunities. I think my background may lend itself to HF’s but I’m also interested in PE shops. Can someone give a comprehensive breakdown on different HF’s (e.g. value, activist, macro etc.) and PE shops (e.g. MF, MM...
0
Cold Email Hedge Funds to set up an informational interview?Is this a decent cold email format? Also I do have some investing ideas that are semi-researched, and a thorough past writeup that worked very well, would it be appropriate to include those or a resume on here? I feel that it doesn't seem like I have much value to add or really even anything interes...
+1
Mid-career crossroads helpI'm at something of a career cross-roads. I'm ~30, been in the L/S industry for ~6 years with mixed success. Started out at a large fund, then joined and left two startups that didn't work out. In one of them I had directly managed capital and a really strong track record. Now I'm faced with a fe...
0
The Invisible Hands - Who's Who?More than two years after the book was released I guess it's OK to reveal (or at least try to) the identities of the manager interviewed in the book. The House. - Kent Janér, Nektar The Philosopher. The Bond Trader. The Professor. The Commodity Trader. The Commodity Investor. The Commod...
0
Help Getting Started... Or is it too late?First time on here so I will introduce myself. I am Currently a Junior Marketing major at a local college here in NYC (technique a senior due to credits... long story... graduating in 3 and a half semesters total so go figure lol) I originally planned on going to law school post-grad...which is why...
0
Moving from NY Energy IB to non-energy specific HF?Hey guys, So I'm in NY doing Energy IB at a top MM bank. Don't do oil & gas, mostly midstream & refining (so the skill set is not as niche/pidgeonholing as the oil & gas guys in Houston). How possible is it to move to non-energy specific HF roles (generalist or otherwise)? Specifically looking at E...
+1
Citadel vs Goldman Sachs offer adviceI have job offers as a client facing quant from Goldman Sachs and as an execution trader at Citadel market making. Which offer should i take?...
+2
Quantitative Techniques Specific quantitative techniques used by global macro funds for trade entry or trade analysis? Maybe looking for what/how they would model? And types of modeling techniques used? Additionally, could it be cost effective for Fund to use Prop shop like wolverine for execution?...
0
Taking notesHow does everyone organize their notes? One master document? Folder for every company and subfolders for every quarter / big event? Word or cloud-based? For those that hand write their notes, do you spend time typing them up at the end of the day/week?...
+4
Distressed debt / special sits investing - On the jobHi there, I am currently in the process of making up my mind regarding post-IB analyst opportunities. While there is an abundance of information on PE as an exit, the info on distressed debt or special sits is more limited. Can someone shed some light on some of the following questions? 1) Is som...
0
Good course for those looking to start a hedge fundI felt this course on udemy really engaging with some valuable tips on starting a hedge fund. I m just an intern with a minimal practical knowledge. But this course shed some light on working to start a hedge fund. I wish it could have some quizzes in between. But overall i recommend it to anyone lo...
0
Anyone have experience with RGA events for fundraising?Anyone know anything about these events? Called 'consortium east' or 'consortium west'. Can't post a link. Worthwhile for small (sub 50M AUM) managers? thanks...
0
10 Year Treasury Note CalculationHey guys, I'm trying to calculate a 10 year treasury note, but not sure what interest rate I should use to discount the cashflows. I was thinking using the LIBOR curve. Any ideas? Thank you in advance!...
+2
What is the work culture of a hedge fund?Since most are small... does that mean they act and feel like a startup? Or despite being small, do they tend to act very corporate? Appreciate all 1st-hand input....
0
Summer Analyst 2018 New England Area Hey guys, I'm fairly new to WSO. Just wanted to see if anyone has any tips or tricks for locking in a Summer Analyst internship or anyways to get an "in" with a hedge fund. Thanks...
0
Moving from a top MM to a distressed debt hedge fundHey guys, I'm a 1st year analyst at a top MM (think RBC, Wells) looking to make the shift to a distressed debt hedge fund shop. What are your recommendations as to how I should approach this? Contacting the headhunters, contacting the hedge funds themselves? Is there anything that particularly shine...
0
Strongest path to Distressed Debt HFsWhat is the strongest path to get into Distressed Debt investing? I've heard restructuring, Lev Finance and High-yield credit analysis are some of the go to's. Any other strong pathways into Distressed Debt orientated Hedge Funds?...
+1
Major for a career in HF?To start this off, I'm still just a junior in high school, but I've always been fascinated and very interested in a career in finance. I've still not quite decided my major however, but it's between finance and economics. I want to know what your opinion is on which would be more beneficial. If it h...
0
UK London Trading QualificationsWhat kind of professional qualifications do you have? Did you have to complete it to become regulated?...
0
Portfolio Managers, Analysts or Professional Traders of any sort (Interview- Personal Questions)Elio Bonifaz Interview Questions Hello everyone, This is my first post and as you can tell, I am a prospective monkey. I'm currently studying for my bachelors of Business Administration, majoring in Finance at Pace University. I aspire of working at a Hedge Fund as a Portfolio Manager one day and ...
+14
AMA: Research Analyst at $1 Billion Hedge FundHey everyone, I’ve been a long time user of this site, which was instrumental in getting me to where I am today. If it weren’t for the help of everyone on here I certainly would not be in the position I am in today. I’ve been meaning to do this for a while but I would finally like to give bac...
0
Top Energy Hedge Funds?I'm a rising junior looking at working at a hedge fund in the energy space ideally next summer, but also long term - I'm trying to assemble a list of top funds (or teams of larger funds) in the space - can anyone recommend any to check out? (There are a few threads on WSO about this, but I've foun...
0
Buyside to sellside, to increase upsideHi WallStreetOasis, You might have read my prior posts on my aspirations to one day become PM. That is still the case. Now here's a tricky one and I do wish to get some of your valuable advice to sort this one out. The conclusion was this - to become PM at a big fund, you either 1) have a good tra...
0
Hedge Fund InternshipI was applying for a internship in the hedge fund industry as a sophomore. I got an email saying they were looking for impressive candidates like me and if I could talk over the phone to talk more about the company and myself. I thought this was a phone interview as on glassdoor the company does pho...
+2
Monkey has 2nd thoughts after a few monthsHi! I have been lurking here for a while but finally decided to make my own topic especially since my own HF experience started a few months ago. I am looking for some tips as I am having second thoughts and maybe someone here had a similar experience and is willing to share it. **A little about my...
+1
HF Naming: Gravitas indicates poor performanceA recently published study called "Hedge Fund Flows and Name Gravitas*" claims to "We also document that having a name with gravitas is associated with abnormal negative performance: high name gravitas funds have lower returns, alphas, Sharpe ratios and manipulation-proof performance measures, highe...
+4
AMA: Research Analyst at Event-Driven/Special Sits HF directly from "non-target"I've been a frequent reader of WSO for the past few years and I thought it might be helpful to anyone interested in a similar career path as mine. I definitely gleaned a lot from others here so hopefully I can answer some questions people might have. Background: 2nd Year Research Analyst at a top...
0
What is the future of the hedge fund industry and will non-automated/quant strategies be able to compete? Hi I am in high school and I really like investment (not day trading nor the different automated trading methods). I like value investing, growth investing, arbitrage, and generally strategies that are more discretionary and require understanding businesses and going deep into them. I do use quant m...
+3
Eric Mindich’s Eton Park Hedge Fund to Close Down and Who's Next ?Looks like 2017 took its first major casualty (as far as I know). I read yesterday that they were looking to return about 40% of their assets but I guess they decided to pull the plug entirely. [quote]Eton Park lost more than 9% last year, investors say, even as the S&P 500 posted a return of nearl...
0
Does anybody have any Clarium quarterly letters?Does anybody here have any copies of or links to Clarium Capital quarterly letters? I have already read the letters for August 2007, February 2008, April 2009, August 2009, and August 2010. Thank you all in advance....
0
Transitioning from Market-neutral strategy fundsFor those who have worked at Millenium-type shops running tight market-neutral strategies and moved onto funds that have longer holding periods and take more concentrated positions, or vice versa: 1) How transferable is the skillset of covering / pair trading 40 names? 2) How important is quarterly...
+1
Minimum Size of a Good Hedge FundAt the risk of this question sounding ignorant, what is the minimum size of a good hedge fund? I understand that yes, a $100M dollar hedge fund can post returns of 27% while a $10B fund can post returns of 5%, but what I'm trying to get at is what is the minimum scale of AUM that a decently establis...
0
New to WSO - looking for fellow discretionary global macro monkeysHello WSO, I joined this platform a while ago, but I wasn't really active since. However, I managed to land the kind of job I always wanted since. That's why I am writing this post. I am interested in getting in touch with guys workin in global macro and talking about their investment style, since ...
0
Ascend CapitalI have a buddy that will be interviewing with those guys soon. Just wondering if anyone here had any insights into their structure, personnel, etc. ...
+2
Stanford GSB v Wharton?TLDR - Stanford GSB vs Wharton to transition from 3yrs sellside ER in NYC at a lower tier bank to HFs post-grad? As far as background goes, I went to an undergrad barely in the Top 100 here in the US, graduated top of my class, and have regrettably been doing sellside ER for the past 3 years (the g...
0
Economics or Statistics?Hey guys, posted this in another section or two... any help is appreciated! So to give some quick background: I'm a sophomore non-target in the undergrad b-school CURRENTLY double majoring in finance and econ (with a minor in stats). I interned last summer in IB with a boutique shop, I interned in ...
+8
AMA: HY/Distressed Analyst at NYC based Mid-Sized Credit Hedge FundHey all, long time lurker first time poster. Just wanted to share my background and answer questions for those interested. Background: 7 years of investment research experience prior to b-school, mostly in equities (some credit) with half of that on the buyside at a hedge fund; sectors covered inc...
0
Distressed HF - professional background for analysts vs PMsHi everyone, During my current offcycle IBD internship in Europe, I get to analyze a lot of companies in financial distress for potential restructuring mandates. I realize that hedge funds play an increasingly vital role in corporate restructurings, bankruptcies and turnarounds. I find it pretty fa...
+1
Acceptable cold email to hedge fund?Mr. xxxxx My name is xxxxxx and I’m currently in my sophomore year at xxxxxxx studying finance and investments. I am emailing you to inquire about a possible unpaid internship opportunity with your firm. This school year I have gained access to take Junior level accounting and finance classes t...
0
Medical Background only - Interning for Hedge FundHow should I prep for an informal Hedge Fund internship opportunity, have like half a year to prep. I'm a recent graduate from medical program who will be working in emergency & hospital medicine. The fund managers have a law & medical background & run a new healthcare-focused hedge fund, they also ...
0
Definition of a Crowded TradeI've read in several places that when researching stocks one of the things that you should consider is how crowded the trade is. However, I've never really seen anyone give a more specific definition of what that means. 1) Are asset managers included in what's considered a crowded trade? For insta...
0
BlackList Monitor Gives Businesses Options to Ensure Opt-in Email Gets ThroughBecause it only takes one complaint, it is very easy for a company's IP to be added - and erroneously - to a high-use blacklist like Spam Corp. Also, many blacklists add IPs in blocks, so if one user of an IP is labeled a spammer, any business using it will be penalized. And there have been instance...
0
Best Hedge Fund Strategies in the next few decades What do you guys think will be the best hedge funds strategies in the next 3 decades? Some metrics to look at: upside/best aggregate returns, downside protection/career protection, etc. Feel free to add some more metrics as well - L/S Equity & Fundamental Value - Distressed debt - Event driven - A...
0
Hedge Fund Industry Turmoilhttps://www.nytimes.com/2017/03/23/business/dealbook/eton-park-hedge-fund-closes.html?_r=0 Thoughts on the long-term prospects of the Hedge Fund industry?...
0
Looking for collaboration (algo trading)Hi there I've developed a successful algo trading system and I'm looking for collaboration with hedge funds or family offices. I have statements, presentation with details on my algo system, back-testing, track record... The system trades the forex market (GBP-USD & USD-JPY). Any tips? How and wh...
0
Do interns have to preclear trades with compliance?Do interns have to preclear trades with compliance even if you only work in the bank or hedge fund for 10 hrs a week in back office role?...
+1
Best school in Texas for a job in Hedge FundsI live in Houston and I'm going into my 2nd year of high school. I'm ultimately looking to prepare myself to live my dream and become an analyst in a medium to big sized hedge fund. I'm ranked 10th in my class out of ~660. I don't think I will be able to get into Yale or any of the main target schoo...
0
Eton Park Shuts Down - Future of Hedge Fund Industry?As most of you are aware by now, the well respected fund Eton Park is returning capital to investors after the last few years of poor performance. There is a huge amount of debate right now over the value of active management, and hedge funds in particular after seeing consistent underperformance to...
+1
How easy is it to go from HF to PE?Wondering regarding the possibility of leaving ($10bn+) HF for (MF) PE... assuming someone joined the HF as an analyst, is this possible and if so, what needs to happen for this to occur? I.e. staying there for 2yrs, having a PM who is willing to make calls to PE's on your behalf.........
0
"Director of People"I've been seeing titles like this pop up all over the place. What the fuck is a "people officer"? Is that what we call HR now? Why do companies have "Chief People Officer"? Doesn't the Head of HR just report to somebody who actually adds value? Is this some more Silicon Valley bullshit creeping in? ...
0
Post-IB to Hedge Fund GPA Question Hi guys, This is specifically for recruiting to hedge funds post-IB. So if I've got a 3.48 GPA, would it be acceptable to list it as 3.5 on my resume? Why I'm asking is, will this be fine in the eyes of headhunters and hedge funds that I might be sending it out to? Just want to clarify, since this ...
0
Need Advice: I Want to Start a Small Investment Fund with My FatherHi all, It’s been my dad’s life-long dream to start an investment fund of his own. I wanted to slowly make that happen, but I need some advice on what we should do. To give a little bit of background about us, I have been working as a prop trader for about 3 years now after graduating a decent...
+3
Differentiating yourself for hedge fund recruiting (post-IB)Pretty straightforward. Other than having the basic 3.5+ GPA and being at a solid bank/group (assuming you start in IB and are looking to move to HF), what can you really do to differentiate yourself from the other candidates during recruiting?...
0
Best IB Groups to get into Hedge Funds Post-IBLet me define some things. What are the best and worst groups for moving to a value or L/S hedge fund? I know M&A is good for all types of funds (broadly speaking), & LevFin is good for credit/distressed, but mainly I'm interested in the coverage groups. How do Healthcare, Media & Comms, and Indust...
0
Generalists in Today's Global Macro Environment Understanding that the ideal training grounds for macro managers is the rates but backgrounds are varied, I was wondering how Generalists are looked upon in this day and age. Any Generalists around or anyone know of any BSD Generalists? Would love to learn a little...
0
Trader intern interview with AQR?I have a superday for six rounds with AQR soon for a position in the Global Trading Strategies team. This is a trader intern position. Has anyone interviewed with AQR before? Any tips on what kind of questions I should expect? Thanks a lot!...
0
Lateraling to Another HFHey everyone, So I'm currently at one of the top multi-manager platforms (think P72, Citadel, etc.) as an Associate/Junior Analyst, but wanted to make the switch to a more long-term oriented, fundamental-based single-PM shop. I was wondering what would be the best way to lateral to other HFs. I kn...
0
Recommended books on the technicalities of Rates? A Macro PM's advice would be greatly appreciatedHi guys! I am trying to learn more about the world of Rates and I was just wondering if any Macro PM out there would be able to recommend a couple of books. I was in particular looking to get a more technical/ mathematical understanding of rates, starting from the basic topics and then moving up to ...
+4
Is short selling ethical?Monkeys, I was going through this article on Roger Ackman's Pershing Square Capital Management: http://www.newyorker.com/magazine/2017/03/06/financiers-fight-over-the-american-dream The author mentions that "Short sellers are generally reviled by corporations as malevolent opportunists" but Ackman ...
0
surprise merger in stock pitchhey guys - i've been working on my stock pitch for an interview at a hedge fund i have coming up. poured a lot of time into the pitch, but unfortunately, it was just announced that the company i was pitching is in potential merger talks, although a tender offer hasn't been submitted. i was pitchin...
0
Recruitment for internationalsHi all, I am not an American and I hope to work in the US, in finance. I will be at a US college this coming year, starting my freshman year. I hope to attend a US graduate school, possibly for MS in Finance, or MS in Financial Mathematics, or a similar degree. I was wondering whether it is possib...
0
Putting Portfolio Manager's names on resumeIf you work on a team that's run by a big name in the industry, is it worth including on your resume? Something like "Currently managed by XXX and YYY." My thought is that it would help demonstrate the quality of the fund that you work for. Or would it come off as pretentious or irrelevant? Tha...
0
Best career-path for non-traditionalHi, I'm a few year post-grad from a non-target school and I currently work in ad-tech industry in digital marketing sales but I want to get into the HF industry. Is the best thing for me to... a.) continue down this path and use the CFA and network? currently making 180k+ b.) sacrifice 100k+ and...
+1
Outline for Stock PitchHello Everyone, I have to do a write up for a stock pitch for an interview. I have all the modeling and research done, I just need to start putting it into a document. Does anyone have a word template that has really clean formatting I can follow? Or any recommendation of one to follow/any site tha...
+2
Efficient market conundrum As far back as I remember I loved picking stocks and doing "Hedge fund work". The more I studied though the more i began to believe that markets are efficient to the point where and I now feel stupid even looking for a job in the hedge fund industry. It doesn't help that hedge funds have been laggin...
+1
Why does Point72 have so many employees?Notice that their AUM is only $11 billion (as of 2015), yet they have 1000 employees. AQR, Two Sigma, Citadel, etc. all manage much more money with similar employee bases. Does the nature of Point72's strategies require AUM/employee to be lower?...
0
Family Office vs. Hedge FundIt seems that family offices are increasingly investing directly in the public markets. I'm curious to get people's take on working as an equity analyst at a family office vs. a hedge fund in terms of comp, prestige, autonomy, etc....
0
Foreign Central bank --> Buyside?Is the buy-side in NY/London possible following 3-4 years working front office in a foreign central bank? Assume the bank is relatively small, I would have had regular contact with the president/execs, would have been involved in the interest rate decision making process, would have been writing ...
0
Applying online to Hedge Funds with pitchHi, I'm applying online to hedge funds. I come from a non traditional background i.e. engineering for 6 years and recently completed a masters in finance so making a career switch ; or at least hoping to. I've applied to point72 so far and I talked to a portfolio manager from Point72 who I contacted...
0
Divide between Quants and Fund ManagersI recently read an interesting article regarding the rocky relationship between quants and fund managers at hedge funds. The article cites a case and the conflict between the head of big data at Point72 Asset Management, Michael Recce and the head of the firm, Steve Cohen. The first conflict b...

Pages