Sector: Asset Management

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 [...]

GUEST COMMENT: A complete and total primer for investment banking assessment centres

If you make it through to the final round of an investment banking interview process, you WILL encounter an assessment centre. Almost all banks use them. At that assessment centre, you can expect to come across the following: 1) An individual presentation to a business representative 2) A group exercise 3) A series of psychometric [...]

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 [...]

GUEST COMMENT: How to succeed in next week’s CFA Level 1 exams

Next week, thousands of candidates will sit the CFA Level 1 exam in London. If you’re one of them, take careful note of the tips below. They should help you tackle Level 1 successfully. 1. Study the CFA curriculum; visit our website for the Candidate Preparation Toolkit (latest info on curriculum, errata, exam rules, sample [...]

Does the market have room for Gartmore’s non-star managers?

Gartmore, the under fire asset manager, is having to balance the prospect of job cuts against attempts to hold on to star managers and the risk of being left only with staff unable to move on to pastures new. Gartmore’s troubles have been well-reported, with the resignation of Roger Guy, who managed 17% of the [...]

Asset managers expecting bumper bonuses

Asset managers in Europe are likely to receive substantially larger bonuses this year, and firms are increasingly willing to buy them out to get the right people on board. While much of the focus of compensation projections released last week by Johnson Associates was on the decidedly more diminutive bonuses for traders, it also suggested [...]

GUEST COMMENT: I am a buyside junior and I want to work in Sydney or New York

I’m a junior working on the buyside in London. I’ve got no major commitments here: I’m in my mid-twenties and rent rather than own a property. It feels like the ideal time to work abroad for a few years. It’s something I’ve always wanted to do as I didn’t have a gap year before starting [...]

REVIEW MY CV: I worked in fund management for 16 years, save me from a life of compliance

I am looking for a private client investment manager role – would prefer Scotland but willing to relocate. My last position as an investment manager was made redundant in 2006 and I have been employed in a monitoring role since then. I am a trained investment manager and the current role does not stretch me [...]

ETF professionals looking away from the established players

The exchange-traded funds (ETFs) market in Europe is beginning to look a little more crowded, as new entrants attempt to wrestle a bigger piece of the pie and try to make iShares’ crown sit a little more uneasily. Not surprisingly, these fresh-faced players are also looking to poach staff. iShares, the BlackRock-owned ETF provider, has [...]