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tohff7
post Dec 1 2010, 04:31 AM

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QUOTE(Knight_2008 @ Nov 30 2010, 11:24 PM)
investment bank, corporate finance or research analyst also I'm happy or basically any other investment related job in IB also I'm very happy...any chance for an ACCA?
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actually this just shows that u don't have a clear goal on what you want to do in the investment field. I really need to lol-ed at this "Any other investment related job in IB also I'm very happy".

No offense. Just remind me of a particular person that i know of. Ex-auditor, have CFA Level 2, and "being an analyst is a dream job". But if you ask him about any news related to the financial market or economy, he has no clue at all. So much for being "a dream job" but don't even bother to read the business or finance news section of daily newspapers at least
tohff7
post Dec 4 2010, 11:49 PM

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Chill lar everyone.

You know, it just started with some comment sthat ' a person INSPIRING or WANT to be a fund manager, but does not invest into the market himself or herself'

which i think is different from "A fund manager who does not invest on his/her own" <--- current debate.

Anyway, at the very least, don;t you guys agree that a fund manager should at least put some of his/her net worth into the fund he/she manage?

Just my 2 cents
tohff7
post Dec 6 2010, 01:20 AM

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QUOTE(Aloong @ Dec 5 2010, 01:13 AM)
I have to disagree.
Firstly, like someone put it, it's just not practicle (tho not impossible) for this FM to invest, due to compliance/regulation/legal restrictions, be it those set by SC, BNM and chances are this FM is a member/candidate of CFA, hence CFA code of ethics need to be considered as well. Well of course he/she can use "nominees", but u know wat that means.

2ndly, i personally think professional and personal matters shd be separated. If I interview somebody, and the candidate boatsed that he likes to invest in shares i'll be pretty worried about independance and fair dealings issue. If i get interviewed and being ask that question, i would say i dun invest personally, because i want to devote all my time/skills/knowledge/experience/analysis for the best interest of my clients, and my personal interest is secondary..U may call that BS, but that's a safer choice.

My real worry is i've notice ppl out there and in this forum, thinks FM/IBers in the industry "must" invest shares. I think it's very wrong.
If u buy the same shares as u invest for ur client (for FM) or on the client ur handling (for IBs) that is not independent. Not sure u still rmbr ur ethics "u must maintain ur independance or seen to be independent" . If not why would these "professionals" have to go thru the route of using theirparents/sibling/wife/frens name to invest? If they dun think its wrong why dun jx use their own name, and tell the whole world?

Just my 2 cents as well.
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Taiko, don't misunderstood my statement lar. i said "At the VERY LEAST, the fund manager should put some of his/her net worth into the fund he/she manages."

I am not even saying about SEPARATE portfolio.

Just my 1+1 cents.
tohff7
post Dec 13 2010, 09:49 AM

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and learn how to operate the binding machine.
tohff7
post Dec 14 2010, 01:20 AM

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and learn how to make coffee and tea.

well, just kidding.
tohff7
post Jan 30 2011, 09:36 PM

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QUOTE(gloomberg @ Jan 30 2011, 05:06 PM)
two departments that are very high in demand (by employees). CF = $ + multiple bonuses. Research = u really need to have some sort of industrial experience, unless of course u have excellent academic result cuz well its research so they require ppl who are highly analytical and aptitude. Pay wise, not too bad, and it depends on how good is ur recommendation. For example, in CIMB, their head is someone by the name Terence Wong and whenever that dude launches a coverage on certain company or providing a buy recommendation on a certain stock, most of the time it will go up (This is what speculators/dealers told me). When the price of that particular stock increases for the next, for say 6-10 months, then WOOT! Apa lagi, u naik pangkat (like Morningstar) cuz u're always chasing to provide good recommendations and at the same time knowing the industry well enough to identify market trends and when it will perform best or worst. If your predictions is bagus, u'll have ur followers, and that takes time, which is why they prefer someone from the industry itself.
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CIMB got their own prop desk. And not all stocks are written by the head. Even if the report is his name, it could done by his analyst who just don't have SC license yet.
tohff7
post Feb 20 2011, 04:23 AM

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Don't think so.

Despite very good grade, the subjects and stuff you learn in Year 1 is pretty basic. So it's not like an advantage.

 

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