Not your average internship

Global Financials Internship (Fundamental Investments) - Hong Kong

Not your average internship

Jump Start Your Career

Founded in 1997, Marshall Wace is a leading global alternatives investment manager specializing in long/short equity. We combine fundamental investing with systematic and quantitative strategies to deliver returns from a range of investment solutions. We are one of the world’s largest alternative asset managers, managing in excess of $65 billion with over 600 employees working across London, New York, Hong Kong, Shanghai and Singapore.

Our 10-week Summer Internship Program is based in our Hong Kong office. The goal of the program is to provide high performing, entrepreneurial students with the breadth, variety and the support that will enable them to build a strong technical platform from which to launch their career.

Our program includes the following:

  • Business critical projects with the opportunity to produce high-impact work
  • Highly personalized mentoring within a lean, flat team structure
  • Weekly lunch seminars with senior managers and key staff across all teams
  • Opportunities to participate in the firm’s charitable activities and company-wide social events
  • Interaction with clients and service providers across the alternative asset management industry

Applications Closed

 

About the Team

Global Financials

Marshall Wace’s fundamental strategies are designed to capture stock based idiosyncratic alpha and are concentrated in specific regions and sectors. Each fundamental strategy team is managed by a Portfolio Manager and supported by a number of Analysts with distinct areas of expertise. We seek to achieve exceptional returns at all stages of the investment process through creative idea generation, rigorous due diligence, company meetings, detailed financial modeling, disciplined portfolio construction and efficient trading and implementation.

The MW Global Financials strategy seeks to provide investors with above average absolute returns primarily through investing and trading in the equities and equity-related instruments of global financial companies.

The strategy adopts a broadly market neutral stance and comprises a portfolio of high conviction positions focused on targeting a range of alpha opportunities by exploiting the wide dispersion in stock performance and volatility within the Financials sector. A strong portfolio management team is in place which has a critical understanding of the business models of financial companies derived from disciplined fundamental analysis. Their knowledge of the dynamics of the credit cycle and how current developments sit in a historical context represent a distinct edge.

During the internship, students will gain broad exposure to investment research, stock selection, portfolio construction, and risk management.

 

Responsibilities:

 

  • Generate long and short equity investment recommendations supported by detailed financial modelling and proprietary research
  • Active and ongoing monitoring of portfolio holdings
  • Participate in quarterly earnings calls and monitor news events related to companies under coverage, updating the models accordingly
  • Attend industry conferences and management meetings, build relationships with sell-side analysts and research associates
  • Conduct extensive and differentiated bottoms-up financial analysis of companies, business models, relevant industry metrics and industries

About the Team

Global Financials

Marshall Wace’s fundamental strategies are designed to capture stock based idiosyncratic alpha and are concentrated in specific regions and sectors. Each fundamental strategy team is managed by a Portfolio Manager and supported by a number of Analysts with distinct areas of expertise. We seek to achieve exceptional returns at all stages of the investment process through creative idea generation, rigorous due diligence, company meetings, detailed financial modeling, disciplined portfolio construction and efficient trading and implementation.

The MW Global Financials strategy seeks to provide investors with above average absolute returns primarily through investing and trading in the equities and equity-related instruments of global financial companies.

The strategy adopts a broadly market neutral stance and comprises a portfolio of high conviction positions focused on targeting a range of alpha opportunities by exploiting the wide dispersion in stock performance and volatility within the Financials sector. A strong portfolio management team is in place which has a critical understanding of the business models of financial companies derived from disciplined fundamental analysis. Their knowledge of the dynamics of the credit cycle and how current developments sit in a historical context represent a distinct edge.

During the internship, students will gain broad exposure to investment research, stock selection, portfolio construction, and risk management.

 

Responsibilities:

 

  • Generate long and short equity investment recommendations supported by detailed financial modelling and proprietary research
  • Active and ongoing monitoring of portfolio holdings
  • Participate in quarterly earnings calls and monitor news events related to companies under coverage, updating the models accordingly
  • Attend industry conferences and management meetings, build relationships with sell-side analysts and research associates
  • Conduct extensive and differentiated bottoms-up financial analysis of companies, business models, relevant industry metrics and industries

Candidate Qualities

Academic excellence

Academic excellence

Excellent academic credentials graduating in 2025

Communication

Communication

Strong written and verbal communication skills (English language required)

Self Starter

Self Starter

A self-starter mentality with an ability to learn quickly in a fast-paced environment

Advanced knowledge

Advanced knowledge

Advanced understanding of accounting/financial statements with the ability to identify key drivers of a business and industry. As well as strong Excel modelling skills.

A frontier spirit

A frontier spirit

Our interns should be entrepreneurial and share our value for self-motivation and ingenuity.

The internship challenged me from the first day and I never stopped learning

I was given important projects from day one and saw the impact of my work

Frequent seminars from managers across the firm opened my eyes to a broad range of careers within the finance industry

Apply Now

01.

01.

Apply online with your CV and a comprehensive cover letter detailing your interest in the role.

02.

02.

If successful in the technical test, we will contact you for a video interview, lasting around 30 minutes.

03.

03.

If successful, you will then complete a case study exercise and follow up interview.

04.

04.

Finally, you will meet some of the team in person in the Hong Kong office.