portfolio management

I am a senior undergraduate student currently recruiting for buy-side roles. I have been actively managing several portfolios for myself and family members since 2016, constantly producing weekly reports, performance numbers, etc. My point is it is sort of a part-time job for me at this point and...

24 Apr 2022

I am set on going into the buy-side after undergrad and am in final rounds with BlackRock, among other large AMs in NYC, and a small fund in a tier 3 city. The position at BlackRock would be in the Portfolio Management Group, in a Fixed Income desk focused on mostly global allocation. The fund is an...

24 Apr 2022

Hey guys, I was doing S&T in a BB before, and keep looking opportunity to switch to buyside but it's really hard under current markets environment. Buyside always wanna somebody already have buyside experience(research, or portfolio management exp for example), but if I didn't start, how can I have...

15 Jun 2021

What is the best investing tip for beginner investors you wish you knew when you started? Here are 10 investing tips for beginner investors: Acknowledge the need to invest and decide your goal. The first step is to actually understand why you need to be invested and not just keep your savings at...

27 Aug 2020

Hi, So I am a junior in college looking for an internship in Sales and Trading or Equity Research, in hopes to start my career in one of these paths out of college. I want to become a portfolio management in the long run and I am wondering which area would be best suited for this exit opportunity. I...

31 Dec 2021

Hi everyone! :) I am a Spanish graduate student attending an Ivy League university in the US (think Wharton/Columbia/Yale) studying finance and economics. I know I want to work in the Buy Side but I am still unsure if I should do AM or PB. I appreciate work/life balance and I would like to work in...

26 Jan 2021

My 2021 Trade-off: Working full time starting from Jan 2021 or rather studying for the CFA® to complete Level 1 (in Feb 2021) and Level 2 (in Aug 2021)? What would you do? I have just graduated (MSc) and I believe If I will start working full-time I might not be able to pass the CFA® exams...

26 Dec 2020

Hello everyone, I will graduate in Summer 2022 - with a B.Sc in Math and a M.Sc in quantitative Finance. I just started to look for a job in portfolio management (all Asset Classes are welcome) in Frankfurt am Main. I just wanted to know if anyone has some suggestions where to apply (I know the 4...

27 Oct 2021

Our aim is to build an enhanced portfolio analysis and Management system for financial institutions and retail investors through a more comprehensive, relevant recommendations much more structured, streamlined and actionable ( multi-faceted data analysis, rich visualization, etc. ) insights with a...

03 Apr 2022

How're you guys positioning your portfolio? How long/bad do you guys think the downturn will be/last for? While I'm cautious about the market right now, I think this a really good time to pick up some high quality names at discounts. Specifically looking at $FB, $DIS, $BRK.B, $V / $MA. Also may be a...

12 Mar 2020

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/reporting their operating statistics, as well as analyzing...

09 Jul 2018

Hi, I have an investment analyst interview for an investment company / asset manager (300 billion AUM), but I am not 100% sure what the role exactly entails and how to prepare for the interview. For context I am an actuarial analyst without a background in finance so this is probably why I'm unsure....

06 Mar 2022

Hi all, I am a Junior PM at a large AM based in London. Due to several causes, 4 years ago I had to move from my role as a market maker on the sell-side (spent 2 years there) and I made the transition to the buy side earlier than I wanted, hence taking a Junior PM role which I now hold for 2 years....

07 Sep 2020

Hey everyone! I've read tons of the "is the CFA worth it" type posts but figured I'd ask since this is a bit more specific. I work for a wealth management practice with $1bn under management. We are semi independent and clear through one of the larger broker dealers in a franchise type arrangement....

20 Jan 2022

Hi guys and gals, I've recently graduated from a MsC in finance and I've been working for almost 8 months, initially as a financial risk management consultant and recently as a credit risk consultant for the same consulting firm. I've been offered a job by an important utility Company as a portfolio...

19 Oct 2021

For reasons that remain mysterious to me, I have a final-round interview a FoF this week, and I am looking for advice and resources on preparing for it. I have two interviews, one with a MD and the other with a VP, and a third with someone from HR. I also have an excel case study that is meant to...

17 Oct 2021

Hi all! I am beyond lucky to have many offers, however, they are all over the place and I don't know what is the best option to pick for my future. I am a finance student - unsure what I want to do! Goldman Sachs PWM - Great name and pretty much double the pay I would be getting at the other...

23 Dec 2020

Earlier this year I had the opportunity to join the portfolio management team at a nonbank asset-based direct lender that specializes in making senior secured loans to middle-market healthcare services companies. They do a lot of term loans and revolvers. This PM team is separate from the...

04 Sep 2021

Hi everyone, I would like to know more about the REPM team at BX, I have seen only a couple of past threads (best one so far from from Mshang862) on that specific role but I feel there are not consistent answers there. First of all, can it be confirmed whether this team is a FO within BX? Also, what...

23 Mar 2022

Mod Note (Andy): this Q&A 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 target schools). Fundamental, bottom-up equity...

16 Nov 2014

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. Background: prospective MBA student aspiring to...

09 Jan 2018

Hello, fellow primates. This is my first post here after months of just reading. We are a group of three friends from the same university. We have studied and developed some theses and investment models together. We found out that in Brazil, the country we are from (but we are currently studying in...

09 May 2021

Hey Everyone- I am currently stuck in this situation. I interned at a large custody bank this past summer in their Asset Servicing group and have just received a return offer. It is a client coverage group and the career path would lead to Relationship Manager. While exciting, I am currently in talk...

02 Nov 2019

Hey All, Just received an offer from a small Asset Management shop in the mid-Atlantic region:

28 Dec 2015

Are you an active value-oriented investor looking to join a group of like-minded individuals building an investment track record? This may be the right place for you. We are a small group of young investment professionals that consider launching a value investing fund in the short to medium term. To...

24 Nov 2018

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 given on the application page and I was hoping...

31 Oct 2017

Monkeys, Here is the situation. I am at at top 3 brokerage doing portfolio management of assets and have been trying to get into the deal side of CRE for the last couple of months. Good traction, but no offers. Now, there is an opportunity at a BB doing the SAME role that I currently do now. Yes, it...

03 Jul 2019

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 Good Virtual Investing System Our users...

28 Feb 2018

If anyone is looking for investment research written by fellow HF managers, I would encourage you to check out SumZero. I'm unable to post the link here, but if you google SumZero, you will find our website! Also, if you shoot me an email at [email protected] com, I'm more than happy to set you up...

04 Dec 2020

Hi, I am currently in a quite different situation. I've got an offer from BlackRock for an institutional sales position (associate) right out of UG and an Off-cycle internship in a hedge fund managed by a BB. I am rather indecisive, since the offer I got from BR is really good, but my passion (at...

17 Dec 2019

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. In this role you will support the fundamental...

04 Dec 2015

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 of the details of these pricing models are...

22 Jul 2012

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!

21 Mar 2019

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 one but I do not meet the requirements of...

15 Jul 2015

Curious about your opinions on the below opportunities for someone whose career goal is to become an investment analyst with his or her own coverage at a prestigious buy-side (Fidelity, Balyasny, BlackRock) in 5-10 years. Which one would you choose? Boutique HF: ~$20B family-style growth equity HF...

02 Nov 2021

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 to CFA 1 lvl portfolio management material. Would...

13 Jan 2019

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 go and get your masters and CFA and move to...

04 Nov 2012

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 coefficient with index X. The market fall more than...

15 Oct 2012

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 Mr. Eric Lasky over at USA Mutuals and he has...

14 Dec 2010

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 companies, and if so what would your strategy be?...

09 Jun 2014

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 are two paths I can take: 1) Lateral into acquisitions and stay...

15 Feb 2016

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 PM who started out in research who I do not know about?

03 Dec 2009

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...

16 Mar 2011

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 investment" (ie. periodically adjusting the models for any...

27 Apr 2016

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 them solid footing for junior summer...

05 Feb 2018

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. I would like to manage larger capital for a fee,...

14 Jan 2018

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, business analysis, marketing management). The...

07 Apr 2016

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 stop it. Much like the captain of that famed...

05 Jul 2011

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 like First Research and Global Insight, I've...

07 Nov 2012

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 school (think Villanova, University of Texas,...

09 May 2012