Sector: Asset Management

Rumours of big asset manager recruitment may be a little overdone

Last week we said asset managers might be in danger of losing their jobs. Today, Financial News says they might be hiring. Specifically, it says Old Mutual Asset Managers, Ignis Asset Management, Russell Investments and Investec Asset Management are all keen to recruit. The biggest hirer appears to be Investec, which wants to hire 10 [...]

These are the jobs you can do with each level of CFA qualification

If you have done or are doing the CFA qualifications leading to the CFA Charter, you may be wondering what you’ll be equipped to do once you’ve passed each of the three exams. Fortunately, therefore, the CFA Institute has clarified this. Earlier this month, they sent us the following statement: Each level of the CFA [...]

So you want to work in ETFs? You’ll, unfortunately, be lucky

ETFs are where it’s at. With a compound annual growth rate of 81% in Europe over the past decade and with growth of 31% in the past year, they are an increasingly rare example of unbridled expansion in the financial services sector. Unsurprisingly, expansion has led to signs of hiring. Hence, Citigroup announced last week [...]

REVIEW MY CV: I’ve switched out of estate agency and into corporate finance and want to build a career in investor marketing

Hello everyone. I want to work as a marketing analyst/exec and although I’m told that in terms of experience at my current position my CV is strong, but most firms are looking for people with experience in excess of one year (with RFP writing as a specific skill being mentioned fairly often) and they also [...]

GUEST COMMENT: The CFA Institute are deluding themselves if they think ethics can be taught

Another June weekend, another set of CFA exams. The CFA has become the benchmark for professional investors everywhere. Bizarrely, this gold standard of the investment management industry awards 10-15% of its total marks for the dubious category of, ‘Ethical and Professional Standards’. As a market participant, I’m confident in my ability to understand a business [...]

REVIEW MY CV: I’m qualified as a lawyer and I want to work in asset management, venture capital or private equity. How can I improve the likelihood of this happening?

Essentially, the situation is as follows: I recently qualified as a corporate solicitor but am thinking about changing career to asset management, venture capital, private equity or strategy consulting. I’ve been sending out my CV, with mixed results. For asset management, I’ve been offered only for graduate openings. For venture capital, one firm has said [...]

This is where you should be working, bank by bank, market by market

If you aspire to work for a bank that’s the global market leader in your product area, but for some reason are ignorant as to which bank that is, we have the answers. Derived from figures from analysts at JPMorgan, who last week released a detailed analysis of each banks’ revenues, by product, for 2010 [...]

Help! Should I work on the buyside? Should I work on the sellside?

“I have been working on the buyside for three years as an analyst and am looking at potentially moving to the sell side. I’m an equity researcher and moving to the sellside would probably mean joining at the associate level. On the other hand, if I stay on the buyside I’ll probably be able to [...]

Lunchtime Links: When unscrupulous hedge funds make employee escape impossible

We have heard some bad reports about hedge funds. According to one London hedge fund recruiter, some will resort to underhand methods in order to retain staff. One such technique allegedly involves including a clause into the contract stating that employees must seek prior permission before sending out their CV and details of their performance. [...]

REVIEW MY CV: I’ve got an IMC and I’m studying the CFA and I’d like to be a portfolio manager

In an ideal world I would like to move into portfolio management but I am aware that my lack of hands on experience in that area would count against me. I guess this could also make it difficult for me to move into an analyst position. Therefore I am fairly open as to the role [...]