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Vault Message Board: Investment Management

Topic Name: Merrill Lynch
Message Name: great post merlin...
Date Posted: 02/08/2002
In Reply To: You need to do some reading...fast. ok, a 30-second guide: Firms that invest money e.g.mutual funds, hedge funds, pension funds etc = buy side investment banks, firms that act as intermediaries between buy-side and borrowers = sell-side Fidelity = buy-side Merrill...depends. All of the firms who have major investment banking (sell-side) operations also have an investment management (buy-side) division / company. For example, Merrill Lynch's 3 major sell-side divisions are corporate finance, equities & fixed income. However, they also have MLIM, merrill lynch investment management. If you're interviewing at MLIM, make sure you read up about the Unilever-MLIM court case, it'll be on the FT website if you missed it.
Message: and how would firms categorize forex....one would presume that Fx is an instrument to be used by buyside fund managers as well as arbitrageurs in sell side operations? Am I close? Know of any specific stategies to network into a career in FX?

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