Mergers and Inquisitions

JANUARY 22, 2025

People are convinced that financial modeling in equity research is vastly different from investment banking and that research requires different or more specialized skills. So, for example, quarterly financial models are more common in equity research, as are detailed bottoms-up models used in initiating coverage reports.

Investment Banking 64

Investment Banking Equities Bank Banking 64

Mergers and Inquisitions

JULY 19, 2023

And if you are interested in this strategy, should you even target hedge funds, or would a long-only asset management firm be better? Long-Only with Derivatives to Hedge Risk – For example, a fund might only buy stocks, but it could use put options or other derivatives to hedge its risk and justify the fees.

Funds 52

Funds Asset Management Management Equities 52

Mergers and Inquisitions

DECEMBER 6, 2023

Multi-manager hedge funds promise investors solid risk-adjusted returns with low volatility; no matter what the broader market does, you’ll make money if you invest in them. What Do You Do as a Multi-Manager Hedge Fund Analyst? If Company Z announces a new product at this upcoming conference, how much could its stock price increase?

Funds 104

Funds Management Recruitment Portfolio 104

Mergers and Inquisitions

FEBRUARY 28, 2024

While everyone seems to know about equity research and trading stocks, fixed income research gets far less attention. The confusing part is that fixed income research exists at banks (“ sell-side roles ”), buy-side firms such as asset managers and hedge funds , and even credit rating agencies, and each one differs.

Equities 59

Equities Debt Asset Management Recruitment 59

Mergers and Inquisitions

JANUARY 31, 2024

Speaking with customers, suppliers, management teams, and market participants. In-depth analysis that might take days or weeks, such as a financial model with 1,000 rows in Excel to assess a biopharma company’s valuation. Read the filings, build a model, and make a long/short pitch”).

Funds 59

Funds Management S&P Recruitment 59

Mergers and Inquisitions

MAY 24, 2023

But even if the specific catalysts never materialize, the stock price might still increase by 20% or 30%. If you want more, there are several Sum of the Parts lessons in the valuation sections of our Financial Modeling Mastery course. Schoenfeld Asset Management (PSAM), Pentwater, Silver Point, Anchorage, and King Street.

Funds 64

Funds Investors Mergers and Acquisitions Mergers 64

Mergers and Inquisitions

APRIL 5, 2023

Some SWFs operate like long-only asset managers (i.e., mutual funds ) that allocate their assets top-down and then pick specific indices, companies, and securities that meet their criteria. They might ask you to pitch a stock, but it will be less formal than in ER and HF interviews. How would you invest in Industry X?” “Why

Recruitment 59

Recruitment Funds Private Equity Investment 59