4.0
Jun 18, 2016
Current employee, more than 3 years
New York, NY
Recommend
CEO approval
Business Outlook
Pros
Despite the recent management changes over the past 2years, PIMCO is still a best in class place to work in Asset Management. Large scale, experienced and talented PMs and traders, and strong commitment (and hunger) to drive alpha for clients.
Cons
After the Gross left the company lost a large part of its AUM and as a result has needed to reduce staff. The team was already lean but is now even leaner. However most of the changes have come from the non-PM team. It can also still be a very difficult environment to work in with senior PMs placing constant demand for ideas and to drive returns.