flâneur

Nathan Kim

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on the atlas — 2

highlights — 1

  • The main categories of firms are: High Frequency Trading Firms (HFTs) Proprietary Trading Firms Hedge Funds Centralized Multi-Manager Fundamental Other Asset Managers Alternative Passive Banks At a high level, the HFTs, Proprietary Trading Firms and Hedge Funds are the “Active” managers. These firms are trying to generate outsized returns (“alpha”). The Asset Managers - Passive are “Passive” managers who want to simply track the market or indices. And the Asset Managers - Alternative are somewhere in between. These differences are reflected in culture, work-life balance and compensation. HFTs,…
    WallStreetQuants - Quant Firm Tier List