What does an Asset Manager do for an Investment Bank?

College Majors Business Majors
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<p>What does an Asset Manager do for an Investment Bank? Is Asset Manager a highly sought after position? and what qualifications would you need in order to secure a position as one? What would daily work be like for one?</p>

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<p>Don’t even know where to start with this one.</p>

<p>Asset management firms and investment banking are two completely separate areas of finance. </p>

<p>Start by reading these. </p>

<p>[Investment</a> management - Wikipedia, the free encyclopedia<a href=“investment%20management%20is%20essentially%20another%20term%20for%20asset%20management”>/url</a>. </p>

<p>[url=&lt;a href=“http://en.wikipedia.org/wiki/Investment_banking]Investment”&gt;Investment banking - Wikipedia]Investment</a> banking - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/Investment_management]Investment”>Investment management - Wikipedia)</p>

<p>Next, read every page on this website.
<a href=“http://www.mergersandinquisitions.com/[/url]”>http://www.mergersandinquisitions.com/&lt;/a&gt;&lt;/p&gt;

<p>Google terms if you’re still confused.
If for some ungodly reason, you cannot find the answer to your question using google, come back and ask.</p>

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<p>Asset managers are on the buy side, and investment banks are on the sell side. Normally, the latter produces research and pitch book for the former. Most asset management firms would specify how they do their own analysis to select investment (top-down vs bottom up). </p>

<p>Think of it like real estate. Asset managers are like apartment management/development companies that are looking to invest their money into assets, and taking care of these properties, they take percentage fee on total asset under management. Investment bankers are like real estate agents, who either act on behave of the owners of those properties to sell or on behave of the buyers to acquire, and they take commission based on transactional volume. </p>

<p>I hope that help! :slight_smile: </p>

<p>In both cases, you need to know your stuff and if you manage on behave of a third party, you owe fiduciary duty to them.</p>