General asset management questionsWatch
Just got a few questions about AM I was wondering somebody may be able to answer.
1) Do AM really practise just one specific investment style (i.e. growth, value) or are most just hybrids? I ask because I find it quite hard to determine what investment style funds use when looking on their website and also fail to believe a firm sticks to one style when presented with opportunities to make dough using another style.
2) Given that there's probably over a hundred AM firms in London, I find it quite intriguing that a lot of the smaller ones only have speculative application career pages. Therefore, how do you break into the industry? Is the only way getting on a grad scheme with the big guys (fidelity, M&G, GS/JP/MS) and then moving across after the scheme finishes?
3) What are the titles of the entry-level positions at a AM firm. I.e. what should i be googling when looking for job openings? I understand fidelity uses equity research associate > analyst, but what about the hundreds of other firms? I see a lot of investment analysts, but that sometimes relates to an entry level job (like in IB) rather than a level up from associate.