UBS HK Group Selection

Still a few months to go before deciding on team preferences, but would like to know if anyone here is able to shed some colors on the different groups at UBS IBD HK. M&A would definitely make the top choice hands down which I believe everyone else is gonna include it into their top 3 priorities. I'd therefore like to know which sector teams in HK offer stronger deal exposure/ better experiences?

On one hand UBS ECM has been doing real great - would it be a good place to be (given its HUGE dealflow) despite the fact that ECM is generally considered to be a less favourable option in terms of modeling experience and exit opps?

I'd appreaciate any ideas...

 

ECM hands down. Asian M&A is still in its infancy and I wouldn't go there. My choice would be ECM - hot sector (fig) - another sector (GIG)

Exit opps? The whole exit opps thing is very US centric. In UK, for example, there isn't 2-and-out culture. Most get promoted to assoc after 3 years. I'd imagine the same to be in Asia. If you are thinking of applying to US PE then you'll be at a disadvantage from the word go due to all US IB people being ahead of you. And from what I hear PE in Asia is quite undeveloped.

__________ Just my 2c.
 
Best Response

Thanks lori. Just wondering if the hot sectors you mentioned are specifically applicable to UBS, or that you're implying FIG/GIG are generally promising places to be in Asia?

Btw one of the analysts who currently works in the M&A team at UBS told me the M&A group also executes ECM mandates in addition to M&A deals as its name suggests (I would say it's a "Corporate Finance Group" in one sense). In such case I am particularly wary of ECM in UBS HK being mainly focused on pitching/originating, lacking the execution experience that one values as part of an analyst experience - any insights?

 

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