Hesitating

Hi,

I am a year away from Uni graduation , and I am looking for opportunities. I was lucky to get an internship in a HF (good size, think 2-3 Bn) and I like the team and the strategy. They focus on distressed and corporate credit. I also ''happened'' to get a BB S&T SA offer.

My long term goal is the buy side and particularly HF. While it may sound better to take the HF offer and join the buy side directly if I receive a FT offer back I am actually hesitating. Several reasons for that:

First, the good thing about banks is that you have the network and you can more easily relocate (not in the US currently but would like to move there).

The second and most important element though is the asset class variety. I am a bit worried about limiting myself in moving directly to a niche investment area. To be honest even though I like credit I am still hesitating a bit since I also have some interests in macro products. Moreover I am unsure about the transferability of credit trading in general, where do you see the future for credit, especially corporate credit?

What do you think is wiser to do? Take the ''riskier'' path or choose a more established one?

PS: Obviously one of the things I don't like with banks is that there is much more risk aversion and no prop trading anymore so it's getting harder to transfer the trading skills to a HF unlike pre 2008.

3 Comments
 

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