Asset/Investment Management vs Sales/Trading
My mind has been tossed around the past couple of days about this and found no clear answer. What is the real difference between Asset Management divisions and Sales/Trading Divisions. I want to think Asset Management is there for managing long term investments, but do they also trade? And I also want to think Sales/Trading is trading the firms assets to willing buyers, or buying assets on behalf of the firm from a broker or someone for it's own good or to buy and sell for a client... ergh, I guess the pure difference would be nice.
Not to be cold, but have you used Google? Other sites will tell you everything you want to know.
S&T v. Investment Management (Originally Posted: 02/09/2010)
Hi everyone,
I'm looking for some pro/cons to help me decide between a SA position in either S & T at a BB- ie Barlcays, MS or IM at a top firm. Esp. because this will hopefully become my full time job I really want to give this strong consideration. Anyone who is passionate that one is much better than the other please let me know and state your reason for why! Thanks so much- this would be truly helpful.
BB S&T can always go to investment management but not the other way. Early on you will get paid more and get more experience at BB S&T. I agonized over this decision as well (tossing in IB to the mix) but when I came onto the job market, the market made the decision for me!
It's good to think about now but apply to everything and then worry about decisions once you have offers.
thanks for your insight- i have offers already in both so now i really have to decide!
what BCbanker said S&T first, then investment management
Which IM firms do you have offers from? BlackRock?
JPM in asset management
congrads on both offers. I would do s&t
I've heard conflicting information about which bank is stronger in terms of sales and trading- Barclays or Bank of America. Any insight?
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