Internship
Quantitative Researcher Intern
Summer 2024
Posted on 8/11/2023
Arrowstreet Capital
201-500 employees
Investment management for global equity strategies
Remote
- Enrolled in an undergraduate or graduate program from an educational institution in finance, mathematics, economics, or a closely-related discipline emphasizing quantitative and financial analysis. Expected degree completion within a year of the internship
- Demonstrated academic success
- Strong analytical, quantitative, programming and problem solving skills
- Understanding of probability, statistics, linear regression, time-series analysis, linear algebra, calculus, optimization and portfolio theory
- Experience with a statistical computing environment such as STATA, R, MATLAB, or Python
- Knowledge of the application of statistics to economics (including econometrics or regression analysis)
- Experience analyzing large data sets
- Passion for financial markets
- Excellent communication skills, including data visualization
- High energy and strong work ethic
- Performing statistical analysis across multiple large complex data sets from a variety of structured and unstructured sources
- Researching predictable patterns in asset returns, risks, trading costs and other data relevant to financial markets
- Performing portfolio construction research using our proprietary simulation capability
Arrowstreet Capital specializes in managing investments for institutional clients, including pension plans and foundations, by offering global and international equity investment strategies. Their investment strategies include long-only, alpha extension, and long/short approaches, utilizing various financial instruments like swaps and futures. The company employs quantitative methods to analyze investment signals and develop proprietary models for returns, risks, and transaction costs. This structured investment process aims to create diversified equity portfolios that seek to outperform specific benchmarks by identifying opportunities across different companies, sectors, and countries. With around $100 billion in assets under management, Arrowstreet Capital serves over 200 clients across North America, Europe, the UK, and the Asia-Pacific region.
Company Stage
Private
Total Funding
N/A
Headquarters
Boston, Massachusetts
Founded
1999
Simplify's Take
What believers are saying
- Arrowstreet Capital's substantial assets under management and global client base indicate strong financial stability and growth potential.
- The firm's innovative use of quantitative methods and proprietary models offers employees exposure to cutting-edge investment strategies.
- Working at Arrowstreet Capital provides opportunities to engage with a diverse set of global markets and sectors, enhancing professional development.
What critics are saying
- The reliance on quantitative models means that any flaws or miscalculations in these models could lead to significant financial losses.
- The competitive nature of the investment management industry requires continuous innovation and adaptation to maintain a competitive edge.
What makes Arrowstreet Capital unique
- Arrowstreet Capital's quantitative investment approach, utilizing proprietary return, risk, and transaction cost models, sets it apart from traditional investment managers.
- The firm's focus on global and international equity strategies, combined with a structured investment process, provides a diversified and robust portfolio management approach.
- Managing approximately $100 billion for over 200 clients globally, Arrowstreet Capital demonstrates significant scale and reach in the investment management industry.