Comments on: Hedge Fund Strategies: What’s the Fastest Path to $1 Billion?

By: M&I - Brian

M&I - Brian — Wed, 26 May 2021 15:18:57 +0000

In reply to Eddie. Investment Analysts (or equivalent title)

By: Eddie

Eddie — Thu, 20 May 2021 19:46:29 +0000

Interesting that you said asset management have a shot at getting into long/short equity I would have never knew. Is there a specific role in asset management that long/short equity from hedge funds recruit from?

By: M&I - Brian

M&I - Brian — Fri, 30 Apr 2021 18:04:37 +0000

In reply to Bob.

I don’t know, I don’t think an MBA is that helpful for a geographic move unless you also want to switch industries into IB or consulting at the same time. And you’re still going to run into visa issues even if you complete the MBA.

I think you’re better off going for an internal transfer so that the bank can handle your work visa and then applying for HF roles at larger funds once you’re already in the country working.

I think you would have a shot at the top programs, but hard to say without knowing more specific details.

By: Bob

Bob — Fri, 23 Apr 2021 23:23:20 +0000

Hi Brian,
I’m wondering if an MBA in the future makes sense for my situation.
My background: undergrad in a target university outside of US and non – MBA master in a top B-school outside of US, good but not excellent GPA, currently S&T analyst at a BB.

My Goal: Moving to the US and living there in 3 years time. As for the industry, my first preference would be hedge fund, followed by asset management. Otherwise, I’m ok with staying in S&T or moving to corporate as well. So my main motivation is the geographical aspect, but going to HF would be a bonus.

My question is, does it make sense for me to get an MBA in light of my goals? I know that most S&T people don’t do an MBA, but I can’t think of any other way to move to the US except through maybe internal move. Also, would I have a decent chance at M7 or even H/S/W?
And thanks for the great post btw. :)

By: M&I - Brian

M&I - Brian — Wed, 07 Apr 2021 21:18:29 +0000

In reply to Caleb. It depends completely on the firm type and your position there. Take a look at the previous articles on prop trading.

By: Caleb

Caleb — Sat, 03 Apr 2021 01:50:59 +0000

In reply to M&I - Brian. But in prop trading shops isnt it more of a tech job and arent you just executing trades instead of taking your own speculative positions?

By: M&I - Brian

M&I - Brian — Wed, 24 Mar 2021 17:07:24 +0000

In reply to Charlie. Generally no because most HFs do not work with investment-grade debt, and in most DCM roles, you do not do much credit analysis or modeling.

By: M&I - Brian

M&I - Brian — Wed, 24 Mar 2021 16:56:38 +0000

In reply to Caleb.

What you’re describing is more like prop trading, so you should think about firms in that area instead: https://mergersandinquisitions.com/proprietary-trading/

By: Charlie

Charlie — Tue, 23 Mar 2021 18:21:07 +0000

Hi Brian,

Do you think DCM analysts will be ideal candidates for credit funds?

By: Caleb

Caleb — Mon, 22 Mar 2021 14:45:10 +0000

Hi Brian,
I am currently a student at a target university and have had an interest in trading every since middle school. I wanted to know which strategy is best for me, I have provided a quick bio of myself and what I like so that you can use that information to help me figure out the best strategy for me
– I want to be in a fund that is short term focused (max holding time should be 1 month)
– I do not enjoy systematic trading, so the fund should be discretionary.
– I don’t like doing deep-dive fundamental research and prefer trading securities after researching them for a short amount of time.
– I also want to be a generalist.