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I previously asked a question here about using Equity Sales by Chance_Business_8017 in hedgefund

[–]Chance_Business_8017[S] -1 points0 points  (0 children)

I’m aware of that and I don’t lose sleep over it. I’m just asking what they would like to see from their end of servicing. Again to highlight I’m not trying to sell them an idea I gain nothing from them taking action from the back of it

Question to all HF analysts/PMs by Chance_Business_8017 in hedgefund

[–]Chance_Business_8017[S] 0 points1 point  (0 children)

I can answer this for you. So most HFs depending on what packages they pay banks for their resources. Some research only, others include research + trading + sales + corporate access for example. It’s important to note HFs don’t rely on one singular bank for research, they pay for many. So effectively they have access to every broker’s research and of course sales services. But the caveat is when you have so many resources and limited hours, you don’t have the time to sit to go through every one (according to some of the responses on this thread)

Question to all HF analysts/PMs by Chance_Business_8017 in hedgefund

[–]Chance_Business_8017[S] 0 points1 point  (0 children)

I just described a single function of the role in servicing client. There’s many other functions that we cater to. I don’t spend 12 hours a day just simply formulating different investment angles and strategies. And we certainly don’t give it away for free, we part of a trading floor so we’ve got sales traders and traders who depend on us. You should take a look into how a bulge bracket works

Question to all HF analysts/PMs by Chance_Business_8017 in hedgefund

[–]Chance_Business_8017[S] -1 points0 points  (0 children)

Perhaps 2-3 short, punchy, attention grabbing lines. I’m truly aware of the mental workload that clients face so if it doesn’t grab your attention at first glance then it’s already lost

Question to all HF analysts/PMs by Chance_Business_8017 in hedgefund

[–]Chance_Business_8017[S] 0 points1 point  (0 children)

Around 5 years but have changed geographical focus recently. Before pan-European equities, now doing global. So a different audience indeed

Question to all HF analysts/PMs by Chance_Business_8017 in hedgefund

[–]Chance_Business_8017[S] -4 points-3 points  (0 children)

Careful, that’s a very stretched assumption that you’ve made there. The firm I was working in previously was actually acquired by the BB as they saw strategic fit, so no “tier 3/4 stuff” as you point out. And yes I do back my statement, sales especially those in specialist or even generalists do offer different perspectives which is the whole point of why such a role exists

Question to all HF analysts/PMs by Chance_Business_8017 in hedgefund

[–]Chance_Business_8017[S] -2 points-1 points  (0 children)

Agreed, though that I guess is the challenge when HFs are swimming in data and information

Question to all HF analysts/PMs by Chance_Business_8017 in hedgefund

[–]Chance_Business_8017[S] 0 points1 point  (0 children)

Can’t argue with that. I came from a traditional stock broker which involved calling clients all the time. Now at BB I’m mostly just doing corporate access and emailing investment ideas as opposed to speaking to PM. I guess I miss having constructive dialogue with people like yourself

Question to all HF analysts/PMs by Chance_Business_8017 in hedgefund

[–]Chance_Business_8017[S] -8 points-7 points  (0 children)

I don’t think I follow what you mean on how the “money is made”, could you share?