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 [...]

Asset management jobs are looking increasingly insecure

Asset managers have never been prone to the hire and fire tactics seen in the banking sector, but after months of slowing recruitment requirements, talk is finally starting to turn to the prospect of job cuts. Job prospects in the UK financial sector are generally downbeat, with 8,000 job losses predicted over the next three [...]

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 [...]

European asset managers need to shake-up pay practices and hire distribution experts

Asset management arms of European banks and insurers are struggling to fend off competition from foreign rivals for both assets and, importantly, talent. They need to shake up their pay practices and heavily recruit sales and distribution professionals if they want to reverse the flow. If you work at one of these firms – which [...]

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 [...]

Do you want the tiny deferrals at asset managers or the big salaries at investment banks?

If you were given the choice, which would you prefer: a large salary and a heavily deferred bonus? Or a much smaller salary and a far more immediate bonus. These are the options on offer to anyone with the choice of working for an asset manager or an investment bank (equity analysts for example). As [...]

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 [...]