Showing results:
Displaying 1 - 50 of 457
How to communicate understanding of intern/junior analyst roles in an interview
Been hearing that one of the bigger factors in success in an HF interview is communicating to the interviewer your understanding of what your role as an intern/junior analyst at a firm will be. Feel like that's one of the biggest advantages of having an early sophomore/freshman year internship at a...
Berkeley MFE outlooks 2024
Hey guys! I was just looking for updated views on the Berkeley MFE programme. Most of the info tends to be quite dated so I'd appreciate any I can get. I was wondering how strong the programme is still. Are placements only to quant, or if I decide to go into, let's say, PC or PE, could I still get...
EPS Sensitivity
Currently working on a model as part of a grad scheme and was wondering if anyone could help clarify what "projecting EPS sensitivity" involves. I'm familiar with sensitivity analysis as part of a DCF (using different exit multiples and WACC for example) but have no clue on how to approach this and...
Would/Do Private Credit Hedge Funds Pay Advisory/Origination Fees?
Do Private Credit Providers Pay Advisory/Origination Fees Have read a lot about Private credit being in a "golden age" of sorts. Was curious about building an intelligence platform that could match middle market firms looking for funding, including debt investment with the proper capital providers....
Do Private Credit Providers Pay Advisory/Origination Fees
Have read a lot about Private credit being in a "golden age" of sorts. Was curious about building an intelligence platform that could match middle market firms looking for funding, including debt investment with the proper capital providers. It's an idea I have been putting some thought into and got...
DE Shaw Prop Trading
Anyone got takes on a career at D.E. Shaw as a prop trader? Starting from their summer internship to first-year analyst, etc. How does TC look after 3 years? 5 years? 10? Reputation in Wall Street & Exit ops Any other info. Currently considering accepting their offer and very much undecided as of...
Reaching out to recruiters - what am I doing wrong?
Hi all, I'm currently a senior equity research associate at a large mutual fund family on the west coast. I've been at my role since 2020, out of college, and I'm going to be leaving mid-to-late this year and am looking for other equity research roles (ideally at a single-manager) as an analyst....
The Road to Hedge Funds!
Hi all, So hedge fund has been one of the most lucrative careers out there in Finance. Getting in can be very challenging but it is doable if you follow the following steps: - Optimize your resume (key words, relevant experience, strong skills, good extracurricular activities) - Apply at all the top...
Do experienced quant traders got interviewed with the math questions still?
While people discussing about the difficult math questions got asked during HF interviews for quant trader by some shop, however, I wonder if they also interview seasoned quant trader this way as well? Do they really care for solving that unrelated math question when one has a track record of making...
Future of Econ/Finance Grads in the Hedge Fund Industry?
There was a similar post from 10 years ago but wanted to get some up-to-date responses Since hedge funds and a lot of trading jobs today are dominated by quants, do people with an econ/finance degree without or with little programming knowledge have any potential in the HF industry? A lot of...
Future of Discretionary/Fundamental Hedge Funds
Hey Everyone, We all know that AI is literally revolutionizing a lot of things in the finance industry, so just curious to know what you all think about the future of fundamental hedge funds. Are quant funds going to outperform them in the long run? Will fundamental funds cease to exist in the...
Hedge Funds Data Science Projects
Hi, I'm hoping to better understand the role that data analysts / scientists have in hedge funds (or private equity) firms. I'm aware of the typical systematic HFs but it would be helpful to understand how other alternative investment funds leverage their data. I'd greatly appreciate it if anyone...
PM Track Record Validation
Given the recent revolving door at Multi-Managers, how in the world are PM track records validated, cross-checked, etc? Word of mouth/reference checks? Seems ripe for inflating results, padding stats. Are business development/HR teams all in contact with one another. I understand it's a small enough...
Investment Banking to Private Equity Vs. Hedge Funds
Hi all. Looking to get some insight in careers after 2 years in Investment Banking. I'm an incoming FT analyst and while I enjoyed my SA stint, I did not like how senior members' lives were shaped by client demands. I would ideally like to pursue a long term career in a field where clients don't...
Better Path to Get Into a Hedge Fund
Hey Everyone, I just wanted to ask, which route according to you all is a better/easier way to get into a macro fund and why is it so? 1. IB (M&A) -> HF 2. S&T -> HF Thanks a lot for your time.
Why are traders divided into different sectors? Trading is just math...
Why do firms have people specializing in being different types of "traders"? People who are "energy" traders, people who are "commodity" traders and etc. Trading is just math (buy low and sell high) to make a profit. It's all just math. So why does someone "choose" to specialize to be a "metal" or...
Changing firms as an early career quant
I am an early career quant at a large funds (2 sigma / jane street / citadel / DE Shaw / etc.). Joined after school, with my team for ~1-1.5 years. I want to switch firms and teams, and need advice from experienced folks. I want to be in a team which directly manages P&L. Current role well-paid but...
What I preach is not what I do
Hi everyone, I am looking to make a career change and want your advice. At 29, I consider myself a competitive person with average level of intelligence which I tend to compensate for through hard work and discipline. I am living in London, married with one child under the age of two. I graduated a...
Mane global
As title says. Spun out of Moore. Any thoughts on the team, culture, comp, returns?
Equity Research at IMC Trading vs JP Morgan
Dear All, I am currently working at a leading US bank as an equity research associate. I've recently received an offer from IMC Trading which is just setting up their office in the country. Ultimately if I want to move into buy side roles which should i choose ? a) stick to current role and look for...
Equity Research analyst IMC Trading vs US Global bank
Dear all, I am currently working at a leading US bank as an equity research associate. I've recently received an offer from a competitor of Optiver which is just setting up their office in the country. Ultimately if I want to move into buy side roles which should i choose ? a) stick to current role...
At what point is a buy-side offer worth it over top banking offer?
Hey all, thinking about recruiting for next year, and wanted to gauge what the forum thinks. My long term goal is to end up in a public investing role, and I'm assuming starting out on buy-side will help me more with that. However, I'm well aware that top banks will open more options for me in the...
Top Environmental Trading Desks
Hello monkeys. I've been a trader for a few years now, primarily in physical oil and associated paper markets. I'm interested in a new realm- environmental markets. Specifically emissions. The most relevant exposure in my career has been RINs and LCFS on the refined products side. I haven't touched...
What is the difference between Sam Bankman Fried's "FTX" and any other bulge bracket bank?
Why was Sam Bankman Fried's company "FTX" relocation of customer funds to separate financial ventures considered illegal but when the big bulge bracket banks do it, its legal? The big bulge bracket banks like Chase use money from customer deposits/savings to lend out in the form of Mortgages and...
Educational Resources to be a great hedge fund analyst?
Coming from a tech background, there are tons of online resources that teach you how to code in Python, learn databases, and do things like web/mobile development. What are some resources that teach the skills relevant to being an excellent hedge fund analyst? I am aware that WSO (and other groups)...
How to become a (institutional) trader after age 30?
I'm curious about the path to work as an institutional trader trading on behalf of the big banks, funds, prop funds, etc. Could you use an MBA to pivot into this career field? Are there traders on the institutional side that aren't quantitative? I've seen job postings for traders but a lot of those...
Why is 75% of this forum MM HF trolls?
see topic. Seems like a lot of guys talking up their book and being especially obnoxious about it. Some of it is just hilarious (e.g. can you go from H&F, one of the most selective seats in all of finance, to MM HF after) - WTF? Another was comparing BX PE/Lone pine to a big 4 MM - even more WTF?...
London L/S headhunters
Can someone give a list of the main HHs for L/S equity? For the main MMs, the smaller MMs and the SMs if possible.
Why Push for Dividends?
Hi all, I'm struggling to understand the motive behind what appears to be a pretty common shareholder request to "improve shareholder value": Assume there's a firm with $100 in total value, 50% held by debt and 50% by equity. Say the firm issues a total dividend of $25 from excess assets I...
Toronto Hedge Funds
What's the scene looking like? Besides GSA, Sprott, and Polar, who are the big players? Is West Face Capital still up there?
Bracebridge Capital
In the process with Bracebridge Capital for an investment analyst position, wondering if anyone can shed some more light on this firm? I see that they’re a pretty good FI HF, with strategies across structured products, rates, emerging markets, and corporate debt, and I’m wondering how this...
London Equity HF scene (ako, lighthouse, gladstone)
Any info on these funds? Have received inbounds and not much info out there especially on gladstone? Any info on performance, comp, culture?
The Rise of No-Code Algorithmic Trading: Revolutionizing the Financial Markets
Algorithmic trading, the use of automated systems to execute trading strategies, has become a prevalent practice in the financial markets. Traditionally, algorithmic trading required extensive coding skills and technical expertise. However, a recent development is the rise of no-code platforms in...
Breaking into quant out of uni?
I'm an Undergrad student doing an integrated masters at a golden triangle uni in the UK. Ideally I'd want to work as a Quant at a HF after I graduate in two years. I was able to find an internship this summer as a Quant at a fintech and I want to know what I should do to maybe be able to secure one...
Advice for choosing Graduate Program
Hi Everyone, I just got an offer from Mendoza Business School in thier MSF program. Did not get any scholarship since applied in the last round so tuition is 62k . The program is of 11 month and thier curriculum is quant heavey. Average base salary reported is 80k with 100% employbility rate within...
Treasury to Buy Side Routes
I’m in Treasury on the funding and derivatives desk of a bank trading swaps and doing various funding related trades. I like what I do and I’m growing in the role, but I know I’m going to want to move on from this after a few years. I’m curious if there is a route, what it looks like, and if...
Is ER to SM HF Impossible?
Ok, obviously its not impossible, but everyone on this forum suggests one way or another that its either IB or nothing. I have scanned several notable SM HF employees on LinkedIn, and only a minority of them have previous IB experience. Can a pro-ER intellectual please reassure me that my HF dreams...
Citadel Discover
I am doing the Citadel spring programme called ' Discover'. It has a quant challenge. What can I expect to have on it? How do I prepare for it?
Advice: Moving from MF PE to SM HF (London)
I've been at MF PE in London for a few years but now have the opportunity to join a SM L/S HF with good track record and size. Would love to get opinions on either side if this is a great opportunity or huge risk. On the one hand I'm excited for the opportunity for more intellectually involved work...
Hedge Fund Middle Office
Hello Monkeys! Currently I work for a large Canadian asset manager. My goal is to move to NYC and ultimately interested in fundraising and client relationship management roles in hedge funds. What do you think about taking a middle office operations role at a NYC hedge fund as a stepping stone? As...
Tensile Capital
Anyone have info on Tensile? They seem like a long only fund that also does hybrid investments, but I would love more insight if people know more about the fund!
Darsana
Hear them mentioned a decent number of times on the forum as a top SM, but don’t know much about them. Culture/investment process, how does it compare relative to Tiger cubs or a soroban type place?
Long Onlys in NYC
Does anyone have a list or can name some LOs in NYC, would be hugely appreciated. Thanks!
Would you still join a tiger cub in this environment?
Obviously they are not as attractive seats vs. 2019/2020 with a high water mark, but are tiger/lone pine/D1/maverick still some great seats in the HF industry? Excluding Viking/coatue here because those two have not gotten hit nearly as hard. Downside is the reputational hit this year, but the...
Learning about hedge funds and finance as a college student
Hi all, I'm a second year college student and want to learn more about hedge funds and finance (maybe ib, trading, pe). Are you aware of any places or resources where I can learn in detail from professionals who've had experiences at some of the top funds? Reaching out to alums hasn't be that...
Gathering the skillset required to get a trading job at a hedge fund
Hi all, I have experience in short term trading (Casual trading) and have always been interested in the market and how daily trends effect them. However, I have no academic or professional experience in Finance (I have a BSc in Computer Science from a leading European college and currently work at...
Tech PM looking to maximize income. Is IB the best bet?
I've realized that the tech lifestyle is a little too slow for me, so I'm looking to make a switch to IB. Studied STEM in school so I don't have formal training in finance, but I learnt how to make DCFs and read SEC filings after going through Point72 Academy's interview process (dinged after case...
Eastern EU as the next Emerging/Developing Market?
I'm currently a student at a Canadian non-target doing an undergrad business degree. As it's pretty hard to get a good offer for NYC/Toronto/LA from my university, I was hoping to use my native fluency in Ukrainian and Russian (Polish is workable as well) and my Canadian education and citizenship to...
Difference between "Research Analyst" "Quantitative Analyst" "Quantitative Researcher"
As the title mentions - does anyone know and could please explain the different kind of jobs / functions and their background in hedge funds? The PMs is the most simple one to understand.
Double Major after Signing Offer
I am a sophomore that just signed a 2023 Summer Analyst offer at a BB with high retention in the division that I wanted. I was (still technically am) double majoring in math/econ but now that I have my offer I'm tempted to go down to just one major. Ultimately I hope to spend some years Trading at...
or Want to Sign up with your social account?