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Single-Manager Hedge Funds: The Best Way to Get a Recurring Guest Spot on CNBC?

Mergers and Inquisitions

They might have separate teams for specific strategies or markets, but everything is run under a single Profit & Loss statement (P&L). This setup creates many differences with multi-manager (MM) hedge funds , from investment styles to recruiting and careers. 10 – 15 positions rather than 100+).

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Multi-Manager Hedge Funds: A Meritocratic Paradise or a Revolving Door of Burnout?

Mergers and Inquisitions

Beta-Neutral Portfolios: For example, if the S&P 500 goes up or down by 5%, your team’s portfolio should move by ~0%. If you’re a more experienced candidate, investment banking is a great background for these multi-managers , but many people also get in from equity research and sales & trading backgrounds.

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Trading at the frontier

The TRADE

Markets are constantly challenging and that’s the key aspect to our role.” If a portfolio manager wants to execute a trade days after such an event, they need to understand that liquidity may be reduced, and they must be confident in their strategy if they’re willing to pay more in the bid-offer spread.”

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Event-Driven Hedge Funds: The Best Home for Bankers Turned Investors?

Mergers and Inquisitions

But, as usual, I want to start with the definitions and fund types: What is an “Event-Driven Hedge Fund”? If you’re working at a special situations fund, you could trade this deal in many ways: Long Jacobs and Short CMS – You believe the company is correct about the deal’s benefits, but you think CMS is overvalued at 11.5x

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Building success in a fragmented US

The TRADE

I ran to the bookstore within the first week of working on the exchange and I bought books on the market like Inside the Fed and ‘a Barron’s guide to financial definitions’, and I just ate it all up, she explains. What’s happening right now? It’s all machine-driven. That’s a big deal.

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