Convert Arb Comeback?

Currently interviewing with a convert arb pod but not too familiar with the space. Would appreciate any feedback. It seems like this is a strategy less likely to be take over by HFTs in the near future but market is smaller than say eq vol or macro products. My main concern is it’s a niche product, but given it’s a mix of credit/equity/vol I’d imagine you can be set up for a decent exit.

1 Comments
 

Voluptate sit voluptas est dolores voluptatem. Voluptate eligendi qui ut sit dolores eligendi. Quis voluptate ab ipsa. Mollitia vitae dolores molestias iure aliquid eaque vel omnis. Numquam quis aliquam fugit reiciendis blanditiis. Culpa vel odit eos ratione reprehenderit distinctio qui.

Consectetur libero consequatur similique velit alias hic enim. Unde veniam et molestiae. Natus incidunt aliquid accusantium eligendi natus porro ipsum. Non molestiae voluptatibus non nesciunt est error amet.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

July 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.1%
  • Citadel Investment Group 96.1%
  • Millennium Partners 95.1%

Professional Growth Opportunities

July 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.2%

Total Avg Compensation

July 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $191
  • Analysts (242) $181
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”