Episode #03 Marcus Storr – Hedge Fund Investing

Marcus Storr is the Head of Hedge Funds at FERI Trust, a German asset management company and one of the largest investors in Alternative Assets in Germany. Marcus has held various positions in the investment industry over the years, including being a Vice-President for Global Equities at Robert Flemings in London, which is now part of JP Morgan, and a Director of Global Equities at Dresdner Kleinwort Wasserstein.

Letme tell you: you are in for a real treat! As you will notice very quickly, not only did Marcus provide us with great insights about the hedge fund industry, but he is also very entertaining and humorous.

During our interview, we touch on a range of topics including different hedge fund strategies, the current state of the hedge fund industry, how to improve your chances of getting hired by a hedge fund manager, and many other very interesting topics.

And now, to the show notes:

  • 01:42 – Start of the Interview
  • 02:05 – What does a Hedge Fund Manager do?
  • 04:03 – How did Marcus get into Investment Banking?
  • 08:37 – Working at a Scottish investment bank
  • 09:05 – How does working in London compare to working in Germany?
  • 11:40 – How does Marcus’ previous Investment banking experience compare to investing into Hedge Funds
  • 13:00 – On moving from London to Frankfurt
  • 14:30 – Investment Banking and “The Work-Life Balance”
  • 17:50 – Best practices for starting out in Investment Banking
  • 20:50 – His thoughts on the CFA Program
  • 21:35 – Hedge Fund Job Interview
  • 24:00 – The Perfect Cover Letter
  • 25:40 – Intensity of working in finance
  • 27:15 – Good body is good for the health
  • 28:40 – Typical day as the Head of Hedge Funds
  • 31:00 – Conversation on the hedge fund performance
  • 33:55 – Fund of funds, direct investing and custom portfolios
  • 36:20 – Great Manager or a great investment strategy? Which is better?
  • 38:20 – How the due diligence process in hedge funds investing looks like?
  • 41:10 – What is the craziest hedge fund strategy Marcus has ever seen?
  • 42:50 – Hedge funds as an exit route for investment banking professionals?
  • 46:30 – Personal routines and questions

 

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