Comments (24)

May 9, 2013

ER & CFA over MBA.

May 10, 2013

I can't imagine any route more suited to being a PM than one in which you are making investment decisions.. So
Top-Tier HF > Mid-tier HF > Top-Tier AM > Top-Tier Sell-Side ER

    • 1
May 13, 2013
wikileaks:

I can't imagine any route more suited to being a PM than one in which you are making investment decisions.. So
Mid-tier HF > Top-Tier AM

Disagree.

May 13, 2013
KarateBoy:
wikileaks:

I can't imagine any route more suited to being a PM than one in which you are making investment decisions.. So
Mid-tier HF > Top-Tier AM

Disagree.

I agree with the disagree

May 13, 2013

There are a lot of different opportunities. I think you'll make it in the end if you are genuinely interested and take initiative often. It also depends on what kind of PM you want to be.

The more typical route is probably ER/AM out of college and eventually transition to AM/HF (or post-MBA) but it really varies. MBA vs CFA is debatable also. I think you'll have a better feel after a few years.

Learn More

Boost your resume and land a finance job by passing the FINRA SIE. 264 pages & 1981 smart flashcards written by a former 8X top Fidelity instructor. Try it for 0 bananas here.

May 21, 2013
floppity:

There are a lot of different opportunities. I think you'll make it in the end if you are genuinely interested and take initiative often. It also depends on what kind of PM you want to be.

The more typical route is probably ER/AM out of college and eventually transition to AM/HF (or post-MBA) but it really varies. MBA vs CFA is debatable also. I think you'll have a better feel after a few years.

Preferably a PM for a long only fund or mutual fund, may not make as much as in HFs but usually better quality of life and stability.

May 17, 2013

Does this help? I agree with you guys, I would take a Top-Tier AM over a Mid-Tier HF anyday.

Top-Tier HF (Soros, Citadel, Bridgewater, etc...) >Top-Tier AM (Fidelity, PIMCO, etc...), Mid-tier HF = Top-Tier Sell-Side ER = Mid-Tier AM

Cheers

    • 1
May 18, 2013
wikileaks:

Mid-tier HF > Top-Tier AM

I would take a Top-Tier AM over a Mid-Tier HF anyday.

Mid-tier HF = Mid-Tier AM

Glad we got that settled.

Array

Jun 2, 2013
wikileaks:

Does this help? I agree with you guys, I would take a Top-Tier AM over a Mid-Tier HF anyday.

Top-Tier HF (Soros, Citadel, Bridgewater, etc...) >Top-Tier AM (Fidelity, PIMCO, etc...), Mid-tier HF = Top-Tier Sell-Side ER = Mid-Tier AM

Cheers

You sir, don't know what it gods name you're talking about. Leave that ranking crap on the sell-side where it belongs.

Jun 2, 2013

Looks like your a recent grad working for a $100B Fund and I may of insulted your pedigree?
I don't think anyone can argue with the rankings. These are facts.

Jun 2, 2013

Working at a fidelity or Pimpco isn't all it's cracked up to be. Look around, there are plenty threads discussing top AM shops. OP get something where you are making investment decisions or do sell side work.

Sep 29, 2015

This is the best question on this topic

Sep 29, 2015

Well, since Asset Management is the buy-side for publicly traded products, it only makes sense that BS ER = AM. Alternative Investments (on the public side) is also simply a subset of AM.

So it depends on the shop/strategy since AM does not equal AM.

Sell-Side vs. Buy-side: on the SS you will spend time making everything highly detailed, presentable and a lot of work will be related to gathering data, also being the middle ground between company management and the clients, so it's more of a 'relationships' role so to speak. On the BS you need to have an actionable idea with a much shorter thesis and supporting points (not to say you don't need (ideally) actionable ideas on the SS).

Sep 29, 2015

Also, if you guys know any good lecture videos on what would help, please leave the link below!

Sep 29, 2015

Refreshing this thread.

Sep 29, 2015

If we're talking strictly sell-side equity research versus being an analyst at an asset manager, writing skills are more heavily required for ER and a broader knowledge of the investment process may be more heavily required for the AM role.

Sep 29, 2015

What are the most important skills for equity research?

Sep 29, 2015