Asset Management Careers: Sales vs Investment

[@TheMat1709]

Glad I finally discovered this channel. I'm currently studying my Honours in Financial Analysis and Portfolio Management at UCT in Cape Town, South Africa. You are really providing some useful advice and guidance. Keep up the good work in 2020!!! All the best

[@Shazam_575]

Ayyy a fellow UCT graduate! B Bus Sci finance with accounting and PGDA myself! Love seeing the lekker locals represent 🙌

[@ngcalinqadala2819]

In the same boat, have you entered the AM field?

[@TheMat1709]

Actually, I'm now in Corporate Finance working on M&As as a senior Financial analyst! It's quite dynamic and rewarding but I'd love to work on the buyside as well, someday! All the best to you too!

[@tusharmahajan845]

The credit of all your success goes to you sir. The way you simplify the things is absolutely fantastic. Wish you all the best and may the upcoming year bring 'PEACE', harmony & a lot of success to you. Thanks a lot. Happy new year 🤗

[@michaelphonevilay8597]

Merry Christmas Afzal! Thanks for providing such valuable help as always!

[@davidebertini4023]

What do you think about the mobility from an investment role in asset management to hedge funds ? Because joining Hedge funds straight out university it’s almost impossible... Thank you for the video, and merry Xmas to you too!

[@kevinfang6005]

@Afzal

[@phill.5993]

@Afzal Hussein I'd be very interested in that as well

[@5twofive]

What mainly happens is that a certain person would get to their VP position or near to that role and they then decide to go into Hedge Funds/ Private Equity, because what happens is one you reach VP/MD positions, a lot of your salary would be locked into shares of that company and you can only take them out 2/3 years later so to avoid being in this 'trap', a lot ending up taking a different role elsewhere. All the stuff I said ^^ - is from watching @Afzal 's videos, I am interested in Investment Banking so that's why I watched a lot of his valuable videos.

[@NomadLovesUs]

I’m no expert here but I can offer some insight as I’m currently within asset management. AM to PE is near impossible as the latter requires you to have skills that AM work does not nurture. For example, deal exposure and modelling skills. Hence, PE shops tend to hire from IB. In this case you’d need to get into a top MBA school and go from there. Your AM experience should help you in that regard. AM - HF is doable but depends on the type of HF it is (L/S or macro) and the roles. Broadly speaking, HF work is similar to that of AMs in terms of structure. Both have portfolio managers and researchers for example. Overall, I’d say if you want any chance of lateraling into a HF (or PE) from AM you’ll need to network.

[@benjaminpowell5376]

@@NomadLovesUs strong reply, and very insightful. Thanks

[@n0madlawyer931]

Such a fantastic video! Thank you very very much.

[@W.C.]

Excellent... I have a connection in AM sales and it's good to hear I could potentially move into an equity analyst role or to IB

[@MinghuiZhang1015]

Thank you very much Afzal!

[@thecrusher7249]

can you do a video on if it was worth it to you to become a investment anaylist and the pros and cons?

[@shwetabhsingh1890]

A video on Real Estate division of Goldman Sachs please.

[@imicca]

Just found your channel! I am applying to Sales in Bloomberg, would you mind giving me few tips regarding sales at bloomberg? Thanks!

[@laksyy]

Hi Afzal! Great video. Would you know anything about the ACMS team within AM?

[@luisdavila7322]

Do a video on corporate finance, although your expertise is on investment finance, I would like to watch you explaining it.

[@yizhenmao1052]

Why IBD division, no sale team and analyst team seperated , please ? Thank you , I just wonder .

[@nealagarwal1050]

how many hours would u say the investment analysts in AM would work? Around the same as investment banking analysts?

[@ammarkamran4908]

Thank you for the video Afzal. I have been following you for a long time and it has greatly helped me. One question: Currently, I am about to finish my 6-month internship at a Sales Analyst sort of role. I really enjoy it but would also like to learn more about the investment role and develop my technical expertise. Do you think it is better for me to find another internship in a more investment role right now? Or currently, I might get offered a full-time position at the sales analyst role. Do you think one year from now I can switch to an investment analyst role at a new firm or would I have to start again as an intern? Would really appreciate your help.

[@cycy4183]

@afzal hussein Are there any opportunities to travel or work abroad? Is this more common in sales or investment?

[@damob9138]

Is it possible to get a sales role in a bank without a university degree or apprenticeship?

[@Andre-rc3qg]

No. Unless you already have a bunch of experience in the industry. People struggle to land sales roles even with undergraduate degrees, internships and work experience.

[@Thatscrazyyourecrazy]

Hi! From someone who did, it is but you need to either know someone or provide them with a value as to why you are the exception. Good luck

[@roaldross4769]

Thank you

[@yizhenmao1052]

Why IBD division, no sale team and analyst team seperated , please ? Thank you , I just wonder .