Want to learn more about PIMCO, specifically London office, and a lot of the info on WSO seems either US-focused or outdated. What's the reputation of PIMCO like vs BB IBD like GS/MS? How does the comp compare? I know the base analyst I salary at PIMCO is circa £55-60k, higher than street, but does PIMCO give out bonuses to juniors? Also, if anyone knows, does that vary across account/product/portfolio roles? Any insights into those questions or the culture etc. at PIMCO would be much appreciated. Thank you.
07 Oct 2020
I currently have three offers for this summer, Wholesale Payments at JP Morgan, Public Finance Investment Banking at UBS, and Account Analyst (aka a general alternative investments intern) at PIMCO. My number one concern is not necessarily working in investment banking, rather I want to intern somewhere that will give me a variety of skills and leave a lot of doors left open in terms of exit opportunities. Since I am not 100% certain in what I want to do, I want to leave myself with options. Which of these three internships do you believe will allow me to do that?
22 Nov 2020
Hi! I'm a sophomore interested in finance (still don't know what exactly) but a recruiter reached out to me about the PIMCO 2022 Alt Credit & Private Strategies Internship for next summer. I saw a post on WSO from last year about it but not much else. Does anyone know more about the position, pay (intern vs. full-time), team culture, deal flow, interview preparation, etc.? All info helps.
26 Apr 2021
- What is their reputation like in the street? - What is the exit opp like if one decides to pursue ibanking? would it be helpful at all coming from the buy side? or is it irrelevant?
17 Apr 2007
Does anyone know culture/comp/reputation of PIMCO's real estate team (BRAVO funds)? They seem to have raised a ton of money ($1.5B? not sure if they're on/behind schedule for the targeted $3-4B). They're hiring for a few positions right now so curious for anyone's thoughts. Almost every post here is on the FI side.
28 Jun 2017
Im posting this because I am personally a bear on treasuries (who isnt though), and this article interested me mainly because in the Ascent of Money program they make Bill Gross out to be as someone who holds the fate of the american bond market in his hands, and suggested that if he lost faith in treasurys the system would collapse. Now that that has happened, I dont really see a huge crash in treasuries. http://dealbreaker.com/2011/03/bill-gross-would-r… When do you guys expect for world demand of treasuries drop to
09 Mar 2011
Does anyone know have any experience working for PIMCO(SoCal office)? What should I do to prepare for the phone interview in terms of technical and behavior questions? They said they would call me regarding this position. What should I be studying to prepare for this?
24 Feb 2015
Has anyone done the PIMCO, MBA Portfolio Manager- Internship Role? If someone could provide some details on what it's like, what are they looking for in successful candidates, would be super helpful. Thank you!
12 Mar 2021
Any thoughts on PIMCO private equity real estate group in London? Seems that they are raising their fourth global BRAVO (>$4 bn) fund and have a couple of other vehicles they invest for (including a hedge fund-like business). Any hint on comp/culture and overall strenght of brand/team in PERE compared to other shops? Also impact of recent merge with Allianz CRE arm? Cheers
10 Mar 2021
Hey guys, I go to a target school on the east coast. Right now I am deciding between these two offers! Long term plan is to be on the buy-side although I am leaning towards PE at the moment. Which one would you recommend me to take in terms of learning experience? What would the exit opps be for PIMCO? I could always do FT recruiting if needed. Thanks!
27 Feb 2015
Hello: Friday, I have my first interview with PIMCO for their product analyst position (phone interview). I was wondering about the types of questions they ask, and how I should prepare for these questions. Cannot find a detailed discussion on this issue here. Thanks!
23 Sep 2015
Basically this is the thing: I have 2 BB FO internships so far, and will start doing some part-time internship (9-10 months, only 10h/week to support paying my studies) at a good company (Fidelity, Wellington, PIMCO) in a random back office department (administration-, marketing-, sales-support, assisting senior guys covering countries etc.). Now, I am doing this because I needed the money, so I figured out that working at a good-brand company and being around industry professionals and assisting them/having the chance to network with them could be beneficial. I am pretty sure that I can use this to my advantage even though its bs job.
08 May 2013
Hello all, I was just curious what people thought of the following internship opportunities: 1. BlackRock PMG-FI Intern, located in San Francisco 2. PIMCO Product Associate intern, located in Newport Beach I have offers for both of the above for this summer and am trying to decide between the two. Any input anyone has about either of these opportunities is greatly appreciated. Thanks!
12 Mar 2011
So after doing my own research and reading this site I have realized the Asset Management is a solid career choice. So I wanted to know what is the usual career path to become a portfolio manger at a asset management firm like BlackRock, PIMCO and wellington. Also what is the salary like for a portfolio manger at these places? How to Become a PM? While there is no straight forward path to becoming a portfolio manager - our users shared their thoughts on how to get from point A to point B. [quote Something Creative - Asset Management Associate] The easiest and best way to do it is to work as an
10 Jun 2010
Can anyone give me any insight on Business Development (BDS) at PIMCO at their HQ Newport Beach office? -What they (Associates) do -To whom they report -What interview questions one must know for an interview -Salary Thanks, Phil
07 Mar 2011
Which offer would you accept and why? Obviously these are two different positions. I want to know thoughts on long-term exit opps and advancement in terms of position and compensation. Thanks.
25 Feb 2011
Has anyone recently interviewed for the PIMCO Summer Account manager position. How are the interview questions? Is it standard IM question or mostly technical? Also, can anyone expand on how the different groups operate(i.e Client Services Group, Consulting Relationship groups, Business Development Group)? Thanks.
03 Jan 2013
http://online.wsj.com/article/SB10001424052970204… ^^^Good info and advice, not only for the Baby Boomer generation but some good take-aways for all investors in today's whack economy. Selected quotes: "Less than 10 years ago, when the baby boomers' kids were coming into the labor force and the very skimpy roster of Depression babies was retiring, we had 10 new additions to the working-age cadre for each one new senior citizen. It goes to 10-to-1 in the opposite direction in 10 years. There will be 10 new senior citizens for each new working-age citizen. If that's not a political, economic and capital-markets game changer, I don't know what is. "
06 Mar 2012
Wow. Didn't see this one coming. Mohamed El-Erian has resigned as CEO of Pimco, effective mid-March. Pretty shocking. I wonder what's behind it. He's walking away from the largest (okay, second largest as of November) mutual fund to advise the board of Allianz? It'll be interesting to see what comes out in the next couple days. For his part, Bill Gross is remaining a class act and parting with El-Erian gracefully. It seems their friendship remains intact. Wow.
21 Jan 2014
I have seen many postings for CRE analyst/CMBS analyst at buy-side fixed income shops recently (including top buy-side like PIMCO. The language in the postings sounds like they are hiring people who can underwrite mortgages at the property level. For example: "Assist in asset-level credit underwriting of CMBS loans", "Assist with deal execution, including drafting and negotiating acquisition and joint venture term sheets, and reviewing deal documentation", or "Research, analyze, underwrite and evaluate commercial real estate investment opportunities".
10 Oct 2014
Does anyone have experience with interviews for PIMCO's portfolio analyst internship program in regards to technical vs. fit? Thank you for any insights
31 Jan 2012
Ken Fisher, the billionaire head of Fisher Investments has recently gone on record calling out "The New Normal" as being "idiotic". Bill Gross, the billionaire head of PIMCO has not responded. Since most of us here already have the canons of the New Normal memorized , let's give Fisher a shot at the title.
04 Nov 2010
I got an interview for the Portfolio Compliance Associate position (job description below). Is that considered the same as a portfolio management / associate position? I would not want to be relegated to the compliance department... The position requires a "90% or better on the Compliance Assessment and MS Excel test". If anyone knows about the approx pay, please share as well. I have about 4 years of experience in management consulting, undergrad from Columbia, a Master's (not an MBA) from Univ of Cambridge, , so it was a pleasant surprise that PIMCO was actually interested in me... Thanks!
29 Feb 2012
The Fed increased the Federal Debt Ceiling dozens of times over the past year, and it seems like it is not over for the Bernank. The Fed's balance has been growing every single day as he pumps the economy with more liquidity. Here is a link to the NY Fed's POMO schedule: http://www.newyorkfed.org/markets/tot_operation_s….
04 Mar 2011
Bill Gross, the famous bond manager who founded PIMCO, has a new article out where he argues that we shouldn't expect much in the way of equity returns over the next few decades. Although you might think that he would use this as a chance to plug bond investing, you'd be wrong: he doesn't think that bonds will fare much better, and we'll instead see central banks try to inflate their way out of the problem going forward. This article really got me thinking about the broader implications of living in a world where the premium for investing in equities is very uncertain. We (people in our 20's
06 Aug 2012
"To paraphrase Paul Volcker, the only productive invention to come out of the banking industry over the past generation was the ATM." - Bill Gross Wow. Who pissed Bill Gross off? The PIMCO founder is known for having strong opinions, and his letters to investors are closely followed by those who matter on the Street. But he must have been in some mood when he wrote this one. The thrust of the letter is that bondholders should look outside the U.S. to maximize returns, because the U.S. government and the Fed are determined to keep real interest rates negative for the foreseeable future. But it
17 Feb 2011
Rumor has it that PIMCO is considering a name change to PIMpCO after the bitchslapping they doled out to Morgan Stanley last month. Morgan Stanley's Edward Glenn Hadden is limping away from the inflation-based street fight with the pension giant, and it got ugly. Pay attention, kids. This is what happens when two market behemoths lock horns on opposite sides of a trade. PIMCO expected higher long-term inflation, so they began buying TIPS - Treasury securities which increase in value as inflation increases. Hadden and Morgan Stanley took the opposite view and began shorting TIPS, and
06 Jul 2011
Hi Guys, I have a Product Associate Interview with PIMCO coming up after a phone interview last week. Just wondered if anyone has had experience of the kind of questions are asked for PIMCO's Product group? Heard it's very macro/markets based but that there is also very technical fixed income questions/financial maths? I come from an Equity Sales background at a BB so can talk markets/macro all day but concerned on the technical fixed income front! Many Thanks in advance!!
03 May 2017
I applied in the normal (not accelerated cycle) for PIMCO Product Analyst Full time position. About 2 weeks ago, I received an email after initial resume screening to let them know "Why PIMCO at NewPort Beach". In response to my answer, within 4 business days I received a request for a first round phone interview. I had my first round interview almost a week ago, I was wondering what their turnaround period for super day invites are? I understand one week is not too long, I am just curious as to what their application timeline is like!
26 Oct 2017
Which one would you guys pick based on exits (MBA, more FO roles, etc.), learning, etc? They're all very different and there's less information on them. I'd like to stay within finance (ideally a more FO role at a hedge fund) and am open to business school. Not looking to go into IB or PE.
05 Nov 2018
Duration. Bonds. Boring. Most people I know hit the snooze button about ten extra times and then going back to sleep before fixed income class. I mean really, how could you not? Bonds are a snooze fest much of the time and require all kinds of weird math and numbers. Then there are these stupid concepts like convexity and duration combined with the fact they move in opposite directions of interest rates.. it's enough to make your head spin at first. Most of you might ask, what is the point? Well, if you've ever wondered how duration plays into managing a bond portfolio I hope I can shine a little bit of light on it for you.
05 Oct 2012
It's been awhile since I posted on these forums for advice. Recently I was offered a 2nd round interview for PIMCO for an associate position within their account management group. This is a post analyst position. I want to know if there is anything specific I should know going into the interview from people who have gone through this before. I've gone through the search function and most relevant searches seems out of date. Thanks in advance.
25 Oct 2011
Pimco CEO Mohamed El-Erian can move markets all by himself. With almost $1 TRILLION in AUM, the guy needs to be right more often than he's wrong. So when he says the party is almost over and compares the rally in the market to a 6-year old binging on Snickers bars at a birthday party, we'd probably do well to pay attention. Among his predictions for the coming year are a call for a dramatic sell-off in the stock market amounting to 10% in a 3-4 week period, anemic growth in GDP for the next several years, and unemployment remaining above 8% at this time next year. All pretty believable. [quote
28 Dec 2009
Hey guys, I was wondering if anyone knew anything about PIMCO's FUND STATISTICS summer internship. Is that like an operations position? back office? any info would be greatly appreciated !! Thanks !! Edit: here's the description ! Responsibilities • Produce regular and ad hoc mutual fund performance and statistics reports • Respond to recurring and ad hoc requests for information from internal and external parties • Maintain and update intranet and Internet document postings • Provide data feeds to and monitor external data service providers, including Morningstar, Lipper, S&P, and Reuters • Comply with legal and procedural guidelines • Assist with requests for proposals (RFPs) can anyone maybe explain more about this ?? Thank you !!
03 Apr 2010
Hey guys, I have a final-round interview with PIMCO this week, and was told that before going for the interview, I need to take an one-hour assessment test about excel and finance. Has anybody taken the test before? Any suggestions on how to prepare for the test? Any suggestions will be greatly appreciate!
04 Apr 2011
Is anyone familiar with PIMCO's superdays? I am interviewing with a department that isn't the most technical (isn't Account/Portfolio, more client relationships) and am curious how the interviews and the 'assessment' are. Is the assessment an excel test? If so, what functions/formulas are expected?
15 May 2018
PIMCO recruits at the top b-schools for account management, product management, and portfolio management. The latter is obviously the hardest to get, and it's one of my "dream" post-mba jobs. I would love to hear from anyone who has interviewed for this position and what the interview was like. Supposedly they only hire 1-2 MBAs per year for this role?
28 Apr 2013
I am being offered a VP Portfolio Manager position at PIMCO. Pay is competitive and other benifits are allright too. But i have been doign soem research and i have see nothing but negative reviews about the company, the 10 to 12 hr shifts each day, the 'pin drop silence' and not talking to other colleagues besdies for work purposes, the stringent and autocratic leadership, and the over all image of the firm. As such, i was hoping I could get some feed back from you guys - someone who has or already works at PIMCO. I am a very Social guy and align my self with more modern/cooperative style of management. I am wondering if this place is the right fit for me. Thanks.
21 Sep 2014
PIMCO is one of the most trusted names in investing. Let's face it, the majority of the public (hell, most people working on Wall Street) lacks the sophistication to invest on their own. Funds of all shapes and sizes, as well as, bonds make up the brunt of the average investor's market related investments. Robert Greer is the co-manager of the Pimco Commodity Real Return Strategy Fund. In the following interview he discusses why commodities will continue to grow in value and why they are becoming as much a risk management tool as they are already an investment vehicle. I bring this issue up at
17 Sep 2011
Hello all, I have a wonderful problem, I just received two offers for entry level positions in NY. The first one is from PIMCO within their account management team and the second one is with JP Morgan Private bank as an investor analyst. I am not sure which one would be the best for my career. Any opinion that you might have will be highly appreciated. Thanks!
19 Sep 2017
Can someone please point me in a better direction to learn portfolio analysis and management? What should I know and learn if I want to interview for PIMCO's portfolio analysis group? I've done a lot of reading on duration/convexity/bond trading strategies/delta/gamma, but what are ideas and concepts I'd really need to know? Is there anything to portfolio analysis on top of MPT and Mean Variance Optimization? What else do I need to delve into for portfolio analysis? I'm comfy with VBA as well (random note)
07 Jan 2013