Hi all! I'm about to start my S&T career in one of the BBs, but my goal is to transfer to any Hedge Fund because of the higher compensation. Does anyone have relevant resources/information/experience?
I heard that only specific trading desks could exit to HFs - is the Bank Portfolio Management desk one of them? Are there any other criteria for exiting to HFs?
| +16 | Delta One Trading | 6 | 20h | |
| +14 | How Quantitative is Commodity Trading | 5 | 2h | |
| +12 | Lateraling from Trading to IB vs. IB to Trading | 4 | 2d | |
| +11 | Loser on the trading floor - help please! | 3 | 3d | |
| +9 | Best macro desks | 2 | 12h | |
| +9 | AVP / AD Fixed Income Trader Salary | 1 | 3d | |
| +9 | SA class size in BB FO (IB, S&T, AM PB) | 3 | 1d | |
| +5 | Rest in Peace Jim Simons | 0 | 21h | |
| +4 | Understanding the Yield Curve | 2 | 6d | |
| +3 | What NOT To DO in S&T and Banking | 3 | 5d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Best advice is to do what you like. Good traders move to HF and ultimately are successful. Going to a desk with good placements but that you don’t love won’t lead to a fruitful career in a HF.
You can also be really good in the sales side and thrive off of managing a book but also a franchise and generating flows and the like.
Good luck.
Thanks!
Is a rates desk a good place to be for a hf exit
depends on role you want and type of hedge fund to be honest.
Since my desk does bank liquidity pool management (UST investments), I guess the skillsets would apply to Macro hedge funds...? Regarding the role - I think most sell-side traders are seeking an investment role (portfolio management role), including myself. Any thoughts?
what role do most sales people move to at hedge funds?
depends on strategy, I don't really know much outside of L/S equity and S&T people don't end up here outside of execution roles.
Fugiat optio quo sed et debitis. Rerum voluptates quia inventore.
Id sapiente voluptatem aliquid minus unde placeat. Ducimus quia est inventore dolores id illo.
Non sint assumenda quaerat corporis sequi repudiandae. Est eius architecto id aut ipsam. Laboriosam qui quibusdam eum repudiandae explicabo. Eum beatae eum et neque possimus accusantium est nam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...