Buy-side salaries at AM/HF shops in London

Little bit of background on me:

  • 4 years experience as a long/short equity analyst at a boutique (AUM $1Bn) buy-side firm in South Africa
  • Currently my MBA at LBS in London
  • Passed CFA level II exam (although not too much weight on this IMO)

So I am wondering what salary ranges are for someone looking for an analyst role at an AM/HF shop in London. Seems the bigger shops like Capital Group and T Rowe start at £80k/year for an MBA associate but seems low.

Thoughts?

 

There was a thread on this just the other day, not many responses (as expected) but there were a couple data points.

For what it's worth I've also heard the 80k at Cap Group from a recruiter, it's a legit number. It might be subject to a bump soon since they also take people from sell side ER w/ 3-4 YOE into that program and places like MS, GS and JPM now pay ER ASO1s like £100k base lol.

You should really be concerned about long-term trajectory rather than anything.

 

- ik for a fact out of Undergrad in London for CapGroup / TRowe etc its all circa 100k pounds all in i.e. for associate analyst which scales up ( a lot) when you become an analyst

 

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