Table of Contents
Is it better to work for a hedge fund or an investment bank?
Investment banking is like saving money in the bank and earning simple interest; whereas hedge fund is saving the same money and earning compound interest. Hedge fund managers don’t get a lot of money just after joining. They get less in the beginning, much less than investment bankers in the beginning.
What is the average hedge fund return?
The median return for all funds was 2.61\%, while the weighted average return was 2.75\%. Funds with between $500 million and $1 billion in assets under administration did the best with a median return of 3.4\% and a weighted average return of 3.36\%.
Do investment bankers make good hedge fund managers?
This is not to say that investment bankers generally make good hedge fund managers or that investment banking is a requirement to get into a hedge fund. Neither are necessarily true. Hedge funds seek fresh graduates from the banking programs for several reasons:
Why are investment banking hours so long?
Investment banking hours are much longer than those in other jobs because of four main reasons: Huge Clients Pay Your Bank Huge Fees: When a company is paying your bank $50 million, $10 million, or even $1 million to advise on a deal, you have to do whatever it wants at any time of the day.
How hard is it to break into the finance industry?
The more full-time work experience you have, the harder it gets to break in at the entry-level. Yes, finance is the only industry where experience can actually count againstyou. This applies to both Analysts and Associates – it’s tough to do something else for a few years after business school and then move into banking.
How many hours do analysts at hedge funds work?
Analysts at hedge funds typically work more reasonable hours. Your job revolves around the capital markets and the markets close. For most buy side jobs, the hours are typically in the 50-60 hour range. It’s certainly not a 40-hour work week, but it’s a lot more reasonable than 80 hours per week.