Fixed Income Seats at Large LO Shops

Would anyone be able to comment on the experience as an FI investor at large LO shops that do not specialize in fixed income (think T. Rowe, Capital, Fidelity)? Is there a big comp discount compared to equity investors at early stages?

 
 

Is there still generally a comp discount as you get more senior?

 

I wouldn’t say so, the thing is on the FI side you manage A LOT more money if you was to become PM so it kind of makes up for it. I know FI PM’s comfortably making in the millions, similar to their Equity counterparts.

 

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