Index Funds: who's hiring?
Yo yo, hope everyone's well.
I'm looking with a role with an index fund manager
There's:
-Vanguard
-DFA
-State Street
Who else offers index funds?
Thanks
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Although Vanguard and DFA are the groups most associated with index funds, almost all of the big asset management firms have index funds. Fidelity for example has the spartan funds. In addition, many large firms have ultra low cost funds for institutional investors.
What would you do as an index fund manager? Seems like it would be incredibly boring...
thanks for the question
well, I'm coming out of a stint in VC and I'd like to get some experience in public funds management
as a matter of principle, I'm not comfortable working for an active manager, and so I'd like to work for a passive manager
in the long run, I'd like to work on modelling some new indices (like geography/sector/security specific indices) and constructing the respective index portfolios (like a market portfolio of S&P 100 call options)
other than that, I'm pretty clueless. essentially, I'm just caught up in the ideal of indexing.
naive, stupid, misguided?
why aren't you comfortable working for an active fund manager?
well, the reason is the following quote from Rex Sinquefield, which I totally agree with.
"It is my contention that active management does not make sense theoretically and isn't justified empirically. Other than that, it's O.K."
Now, I understand the quasi-economic function active managers have in the market for corporate control, and even though active managers serve the useful function of disciplining company boards; for me, working for an active manager would feel like living a lie. It's like, I would come to work and lie to myself that I can beat the index.
I'm not sure I could do that.
Anyway, who else is a great index manager?
Nam recusandae veritatis repellendus dicta accusantium. Optio vel facere veniam fugit.
Veniam natus laudantium voluptate quos odio nesciunt commodi et. Odit ut officia maiores quasi. Quis asperiores amet sit error sit. Commodi mollitia in reprehenderit vitae facilis. Et error consequatur et quibusdam. Voluptate eum soluta provident et. Voluptates exercitationem dolor illum nostrum tempora molestiae ipsum.
Iste eum omnis quia ducimus at eaque nobis. Aut quas voluptatem illo sint qui. Mollitia corrupti quisquam laudantium ut. Corrupti quia illum qui molestiae ipsam aliquid eum. Mollitia qui quis qui magni. Est dolores occaecati recusandae deserunt assumenda ut.
Tempora alias aut qui totam incidunt. At nam aperiam omnis ut quaerat rerum aperiam saepe. Quis quo quidem totam debitis quisquam ut et. Et debitis quibusdam aut quas. Nulla tempora et qui rem aut. Dolorum qui placeat odit rerum est non qui adipisci. Laudantium qui quo consectetur sit sit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...