Can anyone with Mutual Fund experience/knowledge offer insight?

LevFinGS's picture
Rank: Orangutan | banana points 323

Hey all,

I know I'm posting in IB, but it's dead on the other boards.

Can anyone with long-only/mutual fund experience talk a bit about the experience and long terms options of working within research for this platform?

I don't like the vanilla approach, or the low pay at entry level (80k all in) - but I have an entry level offer and want to know if breaking into buyside finance through research role at an equity mutual fund is a good opportunity?

Thanks.

Comments (2)

Oct 16, 2011

I've been looking at mutual funds myself, and this is the impression I get:

If you want to build a career as an analyst or PM at a mutual, then of course you should take the job. Depending on the firm, business school placement can be fantastic as well.

If, however, you are thinking you want to go to a hedge fund or PE firm, you might want to look at other opportunities. Hedge funds generally have a very different mindset when making investments (relative versus absolute returns). PE firms want somebody with transactional or operational experience.

This is just the impression I have gotten from reading these boards and talking to people in the industry, so I would appreciate anybody with actual experience to chime in.

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Oct 17, 2011

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