portfolio management

What's up everyone, first time post here. So to summarize, I currently work at a large real estate firm and work as an analyst in their multifamily department. My job mainly entails managing a large portfolio of mortgage loans and monitoring/reportin ...

31 comments - 4 silver bananas - Apr 12 2019 - 2:40pm - m_berle

Hey guys, Anyone know what the best virtual portfolio software is? I want to build a simulated portfolio and run it similar to the pros by tracking an index, calculating attribution, alpha, tracking error, and etc. Anyone have any recommendations? Thanks ...

50 comments - 0 silver bananas - Feb 28 2018 - 1:51pm - onedumbmonkey

Mod Note (Andy): this ama is now closed, thanks again to N164 for answering all the q's! I've been in the Asset Management field for 15+ years, started as an i-banker out of undergrad, moved to AM after b-school when the hours got to me (both at ...

102 comments - 5 silver bananas - Nov 19 2014 - 12:34pm - N164

Hey guys, I have recently grown interested in AM-- particularly in portfolio management-- and have been wondering what sort of exit opportunities this industry entails. In my opinion it seems to me that you can do 2-3 years as an analyst for a MUTF then g ...

46 comments - 1 silver bananas - Oct 10 2016 - 4:46pm - futures trader man

Dear Monkeys, Christmas is coming and I would like to give you guys a gift. As I am extremely cheap and there are so many of you, the traditional shiny box just won't do. Therefore, I have something else in mind. I have recently been in contact with ...

46 comments - 2 silver bananas - Dec 15 2010 - 2:25pm - Midas Mulligan Magoo

If one starts their career as a PM analyst at an elite REPE shop (Blackstone/Carlyle/etc), what kind of exit opps are there? I usually hear of other roles transitioning into PM but not the other way around. Any help is appreciated, thanks! portfolio manag ...

8 comments - 2 silver bananas - Mar 25 2019 - 11:46pm - VCwannabe

Just wanted to gather you guys' opinion as it pertains to the current state of the bond market trend (higher yields/bond market selloff) and future job market within the fixed income investment management industry in the next 2 to 15 years from now. ...

12 comments - 2 silver bananas - Jan 9 2018 - 5:09pm - FedToy

I often hear that many PM started out in trading or research but most of the whales I know of were traders. Do you guys think that the "market knowledge" vs. fundamental knowledge learned early on produces more famous PMs or are there plenty of ...

20 comments - 0 silver bananas - Dec 3 2009 - 1:57pm - KarateBoy

Alright ladies and gents- I've spent the past year trying to figure out my plan, as I'm sure many of you have done. Looking for some guidance as I'm on the fence. I'm focused on spending the next several years in transactions. There ar ...

11 comments - 0 silver bananas - Feb 15 2016 - 9:16pm - bridge99

I have written before about my worries and fears regarding the future of American pensions. I am neither unique, nor first to the party with said sentiment. Everybody is watching the Titanic cruise towards the iceberg and nobody can do a damn thing to sto ...

12 comments - 0 silver bananas - Jul 5 2011 - 12:45pm - Midas Mulligan Magoo

I'll have a test for a PM role at a local retail bank next week. It's mostly about managing the pension funds + some mutual funds and individual portfolios, also the position is related to equities only. I assume the questions would be similar t ...

6 comments - 2 silver bananas - Jan 13 2019 - 9:10am - Arti

I was wondering if anybody knows who are some of the most sophisticated players in the Family Office space. My dream job would be running my own family office (I'm not sure you can even call that a job) and I was wondering if there were any good exam ...

15 comments - 0 silver bananas - Nov 9 2010 - 2:51pm - GoodBread

How would you pick the stocks that are less highly correlated? High correlation refers to when a stock becomes more correlated with the index in a falling market. Example: Stock ABC has a correlation of 0.4, and stock DCE has also 0.4 correlation coeffici ...

12 comments - 0 silver bananas - Oct 15 2012 - 5:21am - Cromwel

Which programme is better in terms of acquiring a job in Asset Management and consequently in a hedge fund abroad after graduation? Got the offers in all these unis. I am a finance undergrad from Russia, 6 months semi-related work experience (finance, bus ...

9 comments - 0 silver bananas - Apr 7 2016 - 1:34pm - grind_o

Hello all, I accepted a position within a bank that is titled portfolio management Summer Analyst and I am trying to figure out what I will be doing on a day to day so that I can start prepping now to crush the internship. Below will be the description gi ...

7 comments - 1 silver bananas - Nov 1 2017 - 1:55pm - SMUBanker

I'm interested in portfolio management. Is a CFA required? I'm leaning more towards the MBA because it offers the most job opportunities with numerous different fields. It doesn't matter to me whether I work at a small fund or large fund in ...

10 comments - 0 silver bananas - Mar 18 2014 - 4:17pm - mike50

I have just finished my freshman year of college and I am looking to get a head start on certifications. I am interested in a career in investments, but more specifically a career as a portfolio manager. I would like to begin studying for the CFA level on ...

9 comments - 1 silver bananas - Jul 15 2015 - 11:44am - mskay247

"I'm sure every student or practitioner in the world of pro finance has been fascinated by the compounding of interest. Never did I imagine the mathematics of compounding ever being translated into practice. How can compound interest happen at t ...

11 comments - 0 silver bananas - Oct 21 2011 - 9:40am - Anonymous Monkey

Hey guys I found this website today on the FT: https://circleup.com/companies/ It was launched by an ex-PE guy, and essentially allows you to invest in early stage companies (I suppose via crowd-sourcing). Would you guys consider investing in these compan ...

9 comments - 1 silver bananas - Jun 9 2014 - 11:54pm - madepicson

The role would involve implementing portfolio views and conducting portfolio analysis working closely with portfolio managers and traders. If someone is coming out of an MBA program, is this a good role to start at? I don't even think this is an MBA ...

8 comments - 0 silver bananas - Feb 6 2015 - 3:51pm - african13

Hey All, Just received an offer from a small Asset Management shop in the mid-Atlantic region: The shop runs quite lean--2 PMs, 2 client managers, and a compliance officer. I'd be working primarily with the PMs to develop portfolios, identify and qua ...

7 comments - 0 silver bananas - Dec 28 2015 - 4:00pm - bank-on-this

Hello everyone! First post here. I was hoping to get some honest and direct advice on my career goals and aspirations. A little background. I am 34. I have a BS in Accounting and am currently in the middle of a two-year MBA program from a decent business ...

9 comments - 0 silver bananas - May 10 2012 - 10:09am - KhakiPete

Who said bankers can't be stock-pickers? Looking for a professional program that can track investments to various indexes across different time periods and ouput them to excel / some friendly graphical format. The more powerful and functionality, the ...

10 comments - 1 silver bananas - Oct 21 2008 - 12:16am - ibdizzle

I have an interview for a BB in their PWM business for a portfolio construction analyst role. It's entry level for a team within the division. Won't be part of an advising team, but an internal team that helps advisers with asset allocation, qua ...

7 comments - 0 silver bananas - Apr 8 2016 - 11:26am - georgebest

PIMCO recruits at the top b-schools for account management, product management, and portfolio management. The latter is obviously the hardest to get, and it's one of my "dream" post-mba jobs. I would love to hear from anyone who has intervi ...

8 comments - 0 silver bananas - Apr 28 2013 - 8:21pm - mbavsmfin

I am an engineer am starting my second year of MBA this spring. I have been concentrating in Energy Risk Mgmt to transition from engineering and break into S&T in Houston. My dilemma- I can tailor my program to concentrate solely in ERM by taking elec ...

8 comments - 0 silver bananas - Jan 17 2011 - 9:45am - jaVrick

Hi all, In my investment class, I was assigned in a group for a portfolio management project. quite big portion of the grade is based on the portfolio performance based on class ranking so I want to make sure I do pretty well. Any tips I should keep in my ...

8 comments - 0 silver bananas - Jan 7 2011 - 12:40am - aerolim

Dear All, I'm wondering if someone can give me some advice/insight. I've begun moving investments into Gilts and so far have been using Barclays as an intermediary to purchase the UK Gov debt. However- I'm wondering what would happen to my ...

4 comments - 0 silver bananas - Dec 11 2018 - 7:45am - ODS-UK

Hi everyone, first of all I want to appreciate again the existence of this forum that I have already benefited a lot. Being a new credit portfolio analyst for less than three months conducting research and analysis on the US industrial sectors using tools ...

6 comments - 0 silver bananas - Nov 7 2012 - 4:58pm - violinlover

I've wasted enough hours in the day reading this board that it's worth me contributing... I'm a recent PSU grad, solid GPA. Did the F500/regional brokerage internships, went abroad. Networked like a maniac, landed a bunch of F500/retail ban ...

6 comments - 2 silver bananas - Mar 16 2011 - 10:58pm - B4A23

So I secured an REPE internship this summer at a firm with $10B AUM in two roles PM and IR. I go to a target school in the northeast, am a sophomore, and have a 3.7. A bunch of my friends were able to land sophomore summer internships at big banks, giving ...

4 comments - 1 silver bananas - Feb 5 2018 - 12:39pm - edo904

Hi guys, I recently started at a BB Hedge Fund and I would like to ask for advices from those who work in the portfolio management industry. A little background, I used to work in ER at a BB for 2 years, and recently changed to HF. However, the HF I am in ...

5 comments - 0 silver bananas - Jul 23 2011 - 4:37am - Cantab

Just wondering where else you/your friends went, if not ER-> ER Analyst-> PM Just being on the buyside ER track would make you very valuable for most funds, would you be able to transition into management, marketing/sales management? I'm talkin ...

5 comments - 0 silver bananas - May 23 2011 - 12:03pm - lifesgreatmystery

Need help to prep for interview with GE Asset Management for High Grade Corporates Trading / Assistant Portfolio Manager seat. I have a couple years in flow trading on credit trading desk at top investment bank directly out of undergrad at an Ivy. First t ...

5 comments - 1 silver bananas - Jul 15 2011 - 9:59am - IvyFinest

I have an opportunity to do a long term internship at a small stockbroking/ portfolio management company in the gap year between my undergrad and masters. Im wondering what role in an IB this would be most relevant too and if its worth going for or lookin ...

5 comments - 0 silver bananas - Mar 29 2011 - 5:11pm - giorgio1712

Hi all, So I'm looking for help understanding a position my buddy had described to me. He said it was a portfolio analyst position for a corporate bank which managed the portfolio of loans the bank has issued. Confused me a bit as other portfolio ana ...

4 comments - 0 silver bananas - Sep 8 2016 - 6:04pm - BancoMedici_II

Is this job any good? Is it Ops or better than Ops? Can it lead to further involvement in portfolio management? This is a full-time direct hire with a top company that offers competitive compensation, great benefits and ample opportunity for advancement. ...

4 comments - 0 silver bananas - Dec 10 2015 - 7:58pm - OilBaron

Hi all, I accepted a job for a large commercial bank (top 6 or so) doing quantitative portfolio management on MBS, mortgages, home equity loans, etc. I spend most of my time valuing whole loan portfolio deals between us and other banks and leading the mac ...

4 comments - 0 silver bananas - Dec 4 2015 - 12:13pm - Dajawnus

Anyone who has taken a finance course should come away with a basic knowledge of asset pricing models such as the CAPM and concepts such as Beta, which examines investment risk as a function of the standard deviation of historical returns. Although many o ...

4 comments - 2 silver bananas - Jul 22 2012 - 4:45pm - Hayek

I am six months out of college and have been working as a financial analyst at a boutique financial advisory firm. I am looking to get closer to what I am passionate about, which is investment management (equities). I would like some guidance as to the po ...

3 comments - 1 silver bananas - May 14 2018 - 3:33pm - nrguerrieri

Hi guys: I was offered a part-time position (up until the firm moves its office from country X to Y) as an investment analyst at a start-up hedge fund in my city. The position's relevant work experience requirement is 0-1 years, and must have an BBA ...

4 comments - 0 silver bananas - Apr 10 2013 - 7:52pm - PierreC

Hi everyone, I am currently into 2nd round of interviews for an entry level (out of undergrad) position at a Canadian fund with roughly $40B AUM. My question is regarding the salary range that I should be asking for as I have no clue what they should be f ...

4 comments - 0 silver bananas - Oct 3 2012 - 2:25pm - stooples

I recently e-mailed an executive director at a prestigious i-bank that also has operations in asset and wealth management. In my e-mail to him, I mentioned " I have a particular desire to work on the floor in fixed-income S&T and ultimately progr ...

4 comments - 0 silver bananas - Jan 6 2011 - 5:06pm - IronMan

Recently offered a job in portfolio management at a REPE fund (about $1B AUM). It wasn't the original job I applied for but they think I would be a good fit there. From my understanding, once a property is acquired, I would be "managing the inve ...

3 comments - 0 silver bananas - Apr 27 2016 - 9:14am - TopChedder

Ladies and Gentlemen, I'm in need of advice from the older, wiser users on this forum. I'll set up my background, then present my question to you. I'm in fund accounting at a major mutual fund (top 10 by AUM, strong reputation) based on the ...

3 comments - 0 silver bananas - Sep 1 2015 - 11:33pm - HCP

Hi I have an investment scenario I am working on. If anyone with knowledge on the subject is willing to help me answering these questions, I would appreciate it. Married couple: Name person 1 person 2 Age 56 56 Employment Doctor Professor Annual Income $1 ...

3 comments - 0 silver bananas - Jun 18 2014 - 10:49pm - dr0833

I am currently a junior undergraduate student at a Big Ten University in the Midwest and have received internship offers in two different areas of investment banking. One is for a bulge bracket firm in Private Client Services, and another from a middle-ma ...

3 comments - 0 silver bananas - Apr 10 2010 - 8:47pm - espnkl

I was recently given this scenario and would appreciate any advice as to how I would begin to approach and structure the answer. Currently in a totally unrelated field, looking to make the move into asset management. You're an analyst working with a ...

3 comments - 0 silver bananas - Apr 14 2009 - 1:17pm - iBuy

I go to a non-target public school in the midwest and I would love to be a portfolio manager at JP Morgan someday. I would like to start out as a portfolio management analyst but I'm not sure if that is a realistic goal. How many jobs like that are t ...

2 comments - 2 silver bananas - Feb 8 2018 - 6:23pm - j_finance

I'm currently a junior and I know I ultimately want to work in portfolio management and am wondering the best way to break in. Should I try to land an IB SA position and try to get a FT offer and go from there? I also might have the opportunity to in ...

2 comments - 0 silver bananas - Dec 3 2010 - 5:24pm - matthewjj

By far the best investing tool I have used to date is Wikinvest's new portfolio tracker. You can track your real performance net of fees, interest, dividends, etc as well as get portfolio metrics such as P/E, P/B, dividend yield, and many more, not t ...

2 comments - 1 silver bananas - Jul 8 2010 - 12:05am - naucharlie

Hi, I've been doing a lot of reading on this forum and others, and am preparing for a career change into finance. My background is in electrical engineering, and I have a BS EECS from Cal and a MSEE from Stanford. I'm 34, and have about 12 years ...

2 comments - 0 silver bananas - Jan 12 2010 - 2:47pm - hp1975

Silly question but given that loans are banks' assets, is portfolio management (managing/servicing existing borrowers within a commercial banking group) considered / = asset management? Also, for resume-writing purposes, if applying to non-credit rol ...

1 comment - 1 silver bananas - Jul 12 2018 - 5:02pm - john123067

I have been hearing that a series 7 is not required to be a PM or HF Manager. It just brings unnecessary regulation. A series 65 is all that is required. If this true? If I wanted to manage money from clients of my own. I would legally need only a series ...

1 comment - 1 silver bananas - Jun 6 2018 - 12:54pm - nrguerrieri

Let's say I have a model which did 40.11% CAGR with max draw 10.70% since 2010 in static portfolio of 24 markets, annualized Sharpe is 1.47 and positive skew is 0.95. I have 4 months of live results for now, but I am planning to have at least 1 year. ...

1 comment - 1 silver bananas - Jan 14 2018 - 10:23am - Alex-Bee

Hi all, I will be starting working for a local mid-market PE-fund as an full-time analyst later this year. As I am generally curious (and also want to broaden my understanding of PE), I started looking into different teams and roles in a PE fund. I have c ...

1 comment - 0 silver bananas - Jul 28 2017 - 11:48am - Pitchbook_author

Is anybody familiar with this group? I believe it's Citi specific, but is there any other bank that has this group? What's the major responsibility/purpose of the group? Also, what would be the day to day work as an analyst? Thank you!! Investme ...

- 0 silver bananas - Jan 11 2017 - 7:38pm - financhise

I have a phone screening coming up with AQR. Any idea what to typically expect at that stage? The role is in portfolio management / asset allocation. AQR portfolio management asset allocation ...

1 comment - 0 silver bananas - Sep 13 2016 - 11:11am - ac420

Summary about myself:-3.96 GPA from non-target state school-portfolio mgt course (5 students total) manage a $2M equity fund (real $)-Advisory Intern (Performance Improvement) for Big 4 firm-gained meaningful work experience on a Fortune 50 consumer produ ...

- 0 silver bananas - Jun 22 2016 - 10:55pm - noneoftheabove

I work for a pretty lean REPE firm (5 total employees including Principals) with about $300M AUM. Some of this is in deals in which we are our own sponsor, some in more "hands-on" type JV partnerships, and about 1/3 in relatively passive JV deal ...

- 0 silver bananas - May 12 2016 - 12:00pm - TXrealestate

Hi All, I'm currently doing PE and hedge fund financial / regulatory reporting (operations) for one of the major US Banks. I have infrequent interaction with portfolio managers and investment teams that select and analyze portfolio investments (mainl ...

- 0 silver bananas - Mar 14 2016 - 1:35pm - PEanalyst04

Hey guys, I need some advise here as I'm not sure about my next career move. I'm currently working at one of the Swiss BB Banks in Asset Management as an Assistant PM. I have 3 years experience by now and as a Assistsnt PM most of my tasks are m ...

- 0 silver bananas - Mar 11 2016 - 5:07pm - chris11

My personal trading account: 2012: net capital gain was $39,947.11 in short-term transactions using around $60,000. 2014: net capital gain was $79,870.28 with a cost of $74,034.90 based on a long-term hold initiated in 2012. I simply held my position in 2 ...

1 comment - 0 silver bananas - Jan 7 2016 - 8:01pm - BigMoneyBigMoney

Hello everyone. Intro: I'm in my late 20's living in a mid-sized city and currently working within compliance in an insurance company. I majored in Finance in a non-target, worked in commercial lending as an analyst for a year, self-employed for ...

- 0 silver bananas - Jul 14 2015 - 5:50pm - FedToy

So I'm involved with a student org that has some changes going on. Generally, we do our own equity research and invest on a fundamental basis. We have a chance to really step up our risk and portfolio management game but only a few people would have ...

- 0 silver bananas - Mar 11 2015 - 11:33pm - BlackHammer

I am a member of a student equity investment group for my college. We have a concentrated equity portfolio valued at just over $3 million. Essentially the group, which has about 30 members conducts our own equity research (complete with both industry spec ...

1 comment - 0 silver bananas - Jan 14 2015 - 9:23pm - BlackHammer

Are you guys aware of decent portfolio / risk mgmt tools offered by retail brokers (e.g. TD, Etrade) to individual investors? I've used Scottrade, TD before and now with IB, not one seems to have a decent PM tool for retail investors. Given the corre ...

- 0 silver bananas - Oct 19 2014 - 8:04am - phboom

I want to jump ship for 3-5 yrs. Will ICMA-RC add to my long-term profile? Help portfolio management ICMA-RC ...

- 0 silver bananas - Oct 18 2014 - 11:51pm - [email protected]

Any feedback to help improve my resume is welcome. I am seeking a position in Investment Banking or portfolio management. Do you think I am over emphasizing the fact that I am a CFA charterholder? It is located in 3 places..after my name, under qualificat ...

- 0 silver bananas - Mar 16 2016 - 11:02am - pmvf

Hi, everybody. I am a new management trainee for BAML,and oriented in wholesale banking, client fulfillment and service. It is a great program actually, but I have to admit that after weeks of training and on-boarding, I found little interest in commercia ...

- 0 silver bananas - Aug 3 2014 - 10:09pm - Bear88

I was reading Kyle Mowery's blog post as it relates to investing but I find it hard to reconcile two things: 1. The outcome is assumed to have no relationship to any other investment you make? Not a good idea... and 2. (Based on what?) you "spec ...

1 comment - 0 silver bananas - Apr 8 2013 - 11:13pm - Pitbull Class

Does anyone have any incite on this company? They're a subsidiary of Alleghany Corp, which is involved in property and casualty insurance. They're similar to a Berkshire Hathaway (in that they look for long term buy and hold investments) but muc ...

1 comment - 0 silver bananas - Jul 21 2012 - 8:29pm - mjb212

I have a second round interview in a few days with a few portfolio managers. It's an operations/trade support role so I would just be supporting them and their traders. Their investments include direct investments, as well as into other funds/hedge f ...

1 comment - 0 silver bananas - Jul 5 2012 - 11:43am - diane6633

Hey guys, I have a couple friends going to the STRH portfolio management super-day this weekend, and I was wondering if anyone has any advice as far as the types of technicals go or how the STRH AM process goes in general? I had 3 IB super-days, but I kno ...

- 0 silver bananas - Oct 17 2011 - 9:14pm - THE PsYcHoLoGy

I've come across a position at a pension plan, working in their private equity group but it does not seem that this would be considered "private equity" per se. The job description says that the candidate will be working in a team that' ...

- 0 silver bananas - Jan 13 2011 - 3:50pm - TheDrake

Hello, I am currently applying for summer internship positions in Wall Street, NYC. My situation is in some way unique: I am not American, in US on F-1 (student) Visa while on PhD Program in Industrial Engineering with concentration in Quantitative Financ ...

- 0 silver bananas - Nov 19 2010 - 6:57pm - Constantine_K

What are the best sites for finding ER and entry level portfolio management, e.g. "assistant portfolio manager," jobs? What are good key words to use? IB ER jobs portfolio management mutual funds AM ...

- 0 silver bananas - Jul 1 2010 - 9:19pm - ace44

Is it hard to transition from one of the major state pension funds to ER or portfolio management in the private sector? To which area of the private sector, e.g. MF, HF, IB, ect., is the transition easiest? IB ER HF portfolio management pension funds Equi ...

- 0 silver bananas - Jun 17 2010 - 8:38pm - ace44

Does anyone have a option-pricing model that I can use to analyze how to hedge a portfolio? Preferably a Black-Scholes with some added bells and whistles for sensitivity analysis for a portfolio of stocks, funds etc. I know there are some good ones out th ...

1 comment - 0 silver bananas - Sep 16 2009 - 1:30pm - Blue Mango