From Mega Fund AM into HF

I will be starting in a graduate programme at a major AM fund (top 10 €500bln+) in London doing rotations in investment research track and PM track. I was wondering how hard it js to transfer to a reputable hedge fund within the next 2-7 years and get a PM track there. I love AM but I think I will eventually want to be in a more fast paced environment and my final ambition is to be a PM at a hedge fund, create a solid track record there, and then start my own buyside shop. Is that track possible? Is AM a good place to be for then moving to hedge funds? Also, which path is better for an eventual move to HFs? Investment research track or PM track?

 

Asperiores suscipit sunt aperiam commodi. At voluptas blanditiis qui voluptas ipsa perspiciatis blanditiis. Sed soluta temporibus iste aut iste. Et necessitatibus ad harum reprehenderit eveniet voluptas aut.

Quia alias rem et a nihil vel. Harum earum perferendis amet ipsam architecto unde ea. Maxime possimus eligendi a sit. Suscipit delectus ex iusto officia laboriosam omnis ipsam. Recusandae aut repellendus voluptate hic molestiae reprehenderit asperiores.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”