Rating Agency to Fixed Income Reseach

bonds27's picture
Rank: Senior Chimp | 29

I recently started out at one of the big 3 CRAs. Given this background, how hard is it to break into fixed income research at a mutual fund (i.e. BlackRock)? Should I wait and go for my MBA/CFA first?

Also a few questions regarding the fixed income aspect of a mutual fund: Which mutual funds have the best work environment in the New York City/New Jersey area? What groups are the most prestigious/ should I focus on learning more about? And what does the day-to-day look like?

This is a long term plan, so I would be looking to make the transition in 2-3 years after I gain a solid accounting and credit analysis background at Moody's.

FYI - college internship experience was in PWM, CRA, and small family office HF.

Comments (2)

Best Response
Aug 8, 2017

Finish at CFA level II then apply. It can be a little hard to cross over, but it's doable. Once my name started going on reports, I'd get monthly calls from headhunters. You've never underwritten deals plus don't probably know much about PM (yield curve and duration). PM me for details.
-Fitch alum

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Aug 8, 2017
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