IB be ER to HF (IB Preftige myth?)

WSO seems to have conflicting views on this, but wouldn't ER have better exit opps to the buy side than IB due to relevance of work and contacts? Is IB truly the best for moving to the buy side, or is this a preftige myth? Also, there are some old conflicting threads on this, is there a consensus in 2020?

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Comments (5)

  • VP in PE - LBOs
May 14, 2020 - 12:16am

while equity research is ostensibly more relevant than IBD, hedge funds would rather make an "athlete bet" on someone with more refined technical and analytical skills (i.e. bankers) and train him/her to think like an investor rather than someone who is already biased in a way and has weaker technical chops.

  • VP in PE - LBOs
May 14, 2020 - 12:42am

I'm not an expert but I get the sense multi manager funds (like Citadel, Point72, etc.) are more open to ER background, especially since a lot of their work is essentially trying to call quarters.

No idea on buyside ER but Fidelity and the like are pretty well respected names

Most Helpful
May 14, 2020 - 12:03pm

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