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Man, not you again.
What kind of Asset Management? PE investing? Mutual funds? Logn/short? Why are you asking such a broad question?
"Man, not you again."
Hilarious.
Its a simple question, where is the best place to be in Asset Management, not talking about specific groups? GSAM, UBS Global, Deutsche AM, etc.?
GSAM
GSAM is by far and away the best BB asset manager. Honestly, it's not even close.
I'll also add that MS is particularly weak in this area.
You have to love generalized statements like these. What is this even based off of?
As stated above, it is extremely dependent on which product. GSAM has its niche, as does JPM, and Barclay's. There is no way to generalize "the best" for AM. Anyway who thinks they can doesn't work in the business.
Also, Barclay's is #1 AUM, JPM is #2.
Who comes after GSAM?
I work in the Asset Management (mainly loans, some bonds, equities, ABS etc) sector, and I can tell you that Goldman is pretty good, but that Credit Suisse and KKR are very, very good as well.
KKR is not an asset manager--it's a private equity shop. The top group of asset managers tend to be (in no particular order): JP Morgan, which managers about a trillion and is particularly strong in fixed income space, Barclays, which manager 2 trillion and is famous for its market replication/mutual fund platforms as well as its quantitative allocation groups (Grinold and Kahn both wrote the textbook on active portfolio management) and Goldman, which has actually lost some luster recently but is considered extremely strong in quantitative investments/allocations, even after the Global Alpha debacle. Obviously, you also have to take into account the big fixed income asset managers like BlackRock, which is a more quantitative shop, and PIMCO (PAAMCO, etc. maybe...), as well--in the fixed income space Scott Amero and Bill Gross are both heavy hitters. From my experience, PIMCO and BlackRock don't necessarily recruit at the undergraduate level for portfolio management-tracked positions, whereas the banks actually have a tendency to do so--my impression is that the banks are more segmented and thus take more tracked analysts, whereas PIMCO and BlackRock look at decision making in a more scalable fashion and generally only pick up tracked associates.
I don't think Credit Suisse qualifies as a traditionally "top" asset manager.
GS, JPM
Correct me if I'm wrong, but UBS is the largest asset manager by AUM. Not that this necessarily means they are the best, but it must say something decent about them if so many people use them.
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