Quant Analyst at HF vs Alternatives at AM

Hi Monkeys,

I got lucky and have just got 2 SA offers for 2020 after looking for months. I have to choose between two offers for this coming summer. The first is a Quant Analyst gig at a boutique HF. The second is Alternatives at the Asset Management arm of an insurance company. Which one is better to get a 2021 S&T SA?

The HF gig involves a lot of programming to help generate alphas. The AM gig basically involves a little bit of everything (e.g. reporting, research). It looks like the HF gig sounds a lot sexier, but I am worried that it would not be that relevant to S&T since it is a pure quantitative hedge fund and I probably won't learn a lot about the "market" in a more general sense (as oppossed to, say, fundamental L/S Equity HF).

Any help would be greatly appreciated.

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