2.0
Apr 12, 2020
Current employee, more than 1 year
Munich, Bavaria
Recommend
CEO approval
Business Outlook
Pros
Opportunities to learn about markets (if able to tap the informal sources of information) Good brand name on resume
Cons
Poor management style (and managers typically are senior employees who failed to become traders/PMs at other shops) Promotion within the Portfolio Associate group only based on seniority and politics (performance is mostly irrelevant) Almost inexistant opportunities to move to trader/PM/quantative researcher groups Below-industry-standards salary trajectory (increasingly) high turnover within the Portfolio Associate group