Thoughts on Pimco?
Specifically their new undergrad trading analyst Ft program that’s being advertised as a direct line to be groomed into a junior PM role within a 3-5 years. I know traditionally it’s been mba and direct hire heavy in the FO so just wanted to get the input of anyone who might be knowledgeable about this recent change
Not sure about direct promo for the trading analyst role but the recent analyst program with direct promo to asso/VP at Pimco is under their alternatives business which is essentially private credit and equity stuff. Huge area of focus for the firm right now -- I think they want alts revenue to be ~25% of their overall business over the next 5 years. The official title for their internship program is "Alternative Credit and Private Strategies Analyst" - pretty niche group but heard comp is $110k for analysts which is street and the hours are not bad at all.