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PanAgora

Quantitative investment manager using multi-asset strategies

Portfolio Manager - Multi Asset

Full-TimeUpdated on 10/23/2026
$200k - $250k
Mid
Master's
Boston, MA, USA
In Person
Finance & BankingAsset Management

About the job

Requirements
  • A Master’s degree in Finance, Econometrics, Economics, Mathematics, or a directly related field, plus three years of experience conducting, summarizing, and presenting financial research analysis.
  • Three years of experience programming in Python and SQL; running backtests and performing and summarizing quantitative equity research; advanced computer software programming and design using pandas, scipy, or numpy; advanced mathematical modeling including regression analysis, linear algebra, and machine learning algorithms; working with large data sets, financial statements, and other regulatory filings; and factor research, forecasting methodologies, and portfolio construction techniques including the Capital Asset Pricing Model, Arbitrage Pricing Theory, Fama-McBeth Analysis, mean-variance portfolio optimizations, and optimization constraint analysis.
  • Two years of experience codifying investment strategies using Python, R, Perl, SQL, or C#; adjusting models to manage portfolio-relevant systemic risk; and designing and implementing parametric and non-parametric models across different markets for long-term or short-term modeling.
  • One year of experience codifying investment strategies using machine-learning technologies for quantitative and textual data.
Responsibilities
  • Conduct alpha factor research for global equity strategies by generating investment ideas and rigorous quantitative analysis.
  • Apply statistical analysis and modeling techniques with finance intuition to datasets large and small, enhance existing models, and pursue new and previously unexplored research topics.
  • Perform advanced programming in Python/Pandas, R, and SQL, and customized data extraction from FactSet, Bloomberg, Revere, and Thomson Reuters databases. Author research papers to showcase the firm's research depth.
  • Design and manage research agendas. Backtest and present research on equity investment factors. Communicate understanding of the market and its impact on a client's portfolio. Advance research capabilities using modern machine learning techniques.
  • Research and develop methodologies for managing global multi-asset risk parity-based portfolios, conduct research across asset classes including fixed income, equities, and commodities, generate publication-quality research, present research results, and participate in group research meetings and discussions.

About the company

PanAgora Asset Management is a quantitative investment manager that seeks to deliver relative and absolute returns by exploiting market inefficiencies across cycles through equity, multi-asset and risk premia strategies. Its approach combines a fundamental investment philosophy and original research with an advanced quantitative framework, operating in an open, collaborative environment that leverages the team’s diverse strengths to serve institutional investors worldwide. The firm’s process centers on rigorous research, data-driven models, and disciplined risk management to implement strategies across asset classes. Unlike firms that rely on a single method, PanAgora blends fundamental insights with quantitative techniques, aiming for consistent performance across market environments. The company’s goal is to help clients grow and preserve assets by achieving targeted returns while managing risk for institutions globally.

Company Size

N/A

Company Stage

N/A

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1989

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Simplify Jobs

Simplify's Take

What believers are saying

  • PanAgora added Brad Zenz on 2026-05-05 to expand West Coast institutional relationships.
  • PanAgora's 2026 Q2 portfolio held 1,163 positions, led by Nvidia, Apple, Microsoft, Alphabet.
  • PanAgora's 2025 Crowell Prize continued attracting academic research, supporting its quant recruiting brand.

What critics are saying

  • PanAgora's AUM fell to $33 billion by 2026-08-15, down 22.14%.
  • Bryan Belton's 2025 CEO transition and Eric Sorensen's exit concentrate key-person execution risk.
  • Mega-cap tech dominated 2026 Q2 holdings, exposing PanAgora to Nvidia, Apple, and Microsoft reversals.

What makes PanAgora unique

  • Since 1989, Boston-based PanAgora blends academic research with systematic equity, multi-asset, and risk premia.
  • On 2025-09-25, PanAgora promoted George Mussalli to Global CIO and Bryan Belton to CEO.
  • PanAgora's 2025-08-05 Tim Stanton hire strengthened institutional distribution across active equity and multi-asset.

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Benefits

  • Health Insurance
  • 401(k) Retirement Plan
  • Remote Work Options

Company News

Yahoo Finance
Jun 30th, 2025
PanAgora Welcomes Tim Stanton as Managing Director, Head of Global Distribution

PanAgora welcomes Tim Stanton as Managing Director, Head of Global Distribution.

ETFDailyNews.com
Dec 23rd, 2024
Franklin Resources Inc. Sells 333,165 Shares of SITE Centers Corp. (NYSE:SITC)

Panagora Asset Management Inc. purchased a new stake in SITE Centers in the 2nd quarter worth approximately $3,089,000.

MarketBeat
Dec 23rd, 2024
Barclays PLC Lowers Holdings in Pegasystems Inc. (NASDAQ:PEGA)

Finally, Panagora Asset Management Inc. purchased a new stake in Pegasystems in the 2nd quarter worth $7,599,000.

MarketBeat
Dec 16th, 2024
State Street Corp Decreases Position in Apellis Pharmaceuticals, Inc. (NASDAQ:APLS)

Panagora Asset Management Inc. purchased a new stake in Apellis Pharmaceuticals in the 2nd quarter worth approximately $907,000.

MarketBeat
Dec 11th, 2024
72,933 Shares in The Honest Company, Inc. (NASDAQ:HNST) Bought by Walleye Capital LLC

Finally, Panagora Asset Management Inc. acquired a new stake in Honest in the 2nd quarter valued at $43,000.