ZA
Tag: Fund Manager
Securities Africa in growth mode
Foreign interest in Africa is booming and banks great and small are jostling to get a piece of the action. Size is definitely not everything in this increasingly competitive market: local knowledge and expertise are even more important, as is finding the right talent. Securities Africa, a Pan-African specialist broker, is going for growth and [...]
REVIEW MY CV: I keep interviewing for equity sales roles and not being hired. Why is this?
Hi everyone. I’m working in an equity sales/broking role for a boutique and want to make a change. I’m looking either for straight equity sales roles or for corporate broking roles at larger organisations where I can learn more. I’ve interviewed at a couple of places and the feedback has been excellent, but I haven’t [...]
Have children, move to Switzerland
Switzerland is emerging as the location of choice for financiers with infants. Pre-procreation, London is the place to be. Post-procreation, it’s Switzerland. “I used to live in London and now I love it here,” says one Swiss hedge fund manager. “I’ve got a 2 year old child and its suits where I am in my [...]
Anticipate discrete enquiries about your private life during hedge fund interviews
If you have spent the weekend in an orgy of self-indulgence, do not divulge this during a job interview. Especially do not say so during a job interview with a buff, European, health-conscious hedge fund manager at one of London’s newer hedge funds. The hedge fund manager in question, who declined to be named, but [...]
Lunchtime Links: A graph that plainly illustrates why banks need to make redundancies soon
According to fixed income headhunters, a damp blanket has fallen upon the City, and it is not attributable to the snow. “There’s a lot of realism going around,” says one. “The revenues just aren’t there any more.” The source of this realism is clearly illustrated in a graph from Glenn Schorr, the US banking analyst [...]
GUEST COMMENT: Institutional investors are lazy, private equity investors really aren’t
I work in private equity, and I’m fed up with whingers and their half-baked comparisons of the returns we offer to those of listed stocks and index tracker funds. Their criticisms show up their own lack of insight into the buyout sector (forgivable) and basic knowledge of investing and portfolio allocation (unforgivable). The idea that [...]
GUEST COMMENT: Tried and tested methods for the avoidance of redundancy in an investment bank
Credit Suisse and Barclays have already set the ball rolling with a few layoffs, and further trauma seems likely unless something changes drastically in the next few weeks. Personally, I avoided being laid off throughout my long and illustrious career in the City. This was partly due to consistent over performance, and partly to innate [...]
GUEST COMMENT: Being rejected 100 times makes you a stronger job seeker
“I am sorry to inform you that your application to our bank has been rejected. I give you my best wishes for your future endeavours.” This is not something new for job applicants at any level, however, it might have an even bigger impact on younger professionals, who might feel insulted or even belittled. Ideally, [...]
A risk manager is setting up his own hedge fund; this is not normal
Risk managers everywhere will be feeling encouraged by the fact that Gregg Weinstein, a former Goldman Sachs partner, is setting up his own hedge fund. Gregg (not to be confused with Boaz) had been a Goldman partner since 2002. In his most recent incarnation he was global head of risk management for Goldman Sachs Asset [...]
Investec returns to form and hires selectively
Investec is keeping its promises. Stephen Koseff, Ceo of the London-listed South African bank, said at the end of last year that impairments had peaked and the group had positioned itself for growth, ready “to move on to the front foot”. Now Investec – which this year moved into the Footsie 100 – is ready [...]
Follow eFinancialCareers
What is RSS?
Advice
