Summer 2027 Intern

PanAgora Asset Management Inc.; Boston (MA); On-site; USD 65,000 - 117,000; Full time

Job summary

PanAgora Asset Management Inc. invites applications for an Intern, Equity Team. The role involves supporting the equity team with special projects in managing active U.S., international, and absolute return portfolios.

As an intern, you will develop proprietary databases and conduct research into quantitative factors, using modern finance techniques and technology to aid stock selection.

Qualifications

• Coursework in finance, mathematics, economics, computer science.
• Excellent mathematical, problem-solving and programming skills.
• Familiarity with accounting, financial statement analysis and equity valuation is a plus.

Responsibilities

• Develop proprietary databases for new quantitative instruments.
• Conduct research into novel quantitative factors for portfolio decisions.
• Utilize latest technologies in finance and stock selection.

Skills

Finance coursework

Mathematics

Economics

Programming skills

Education

Pursuing Bachelor’s degree in Finance/Economics/CS

Tools

Financial databases

Quant research tools

Job description

Company Overview

Founded in 1989, PanAgora (Greek for across marketplace) Asset Management is a premier provider of investment solutions spanning most major asset classes and risk ranges. We seek to provide investment solutions using sophisticated quantitative techniques that incorporate fundamental insights and vast amounts of market information. While PanAgora’s investment strategies are highly systematic in nature, the processes deployed within these strategies are built and overseen by talented professionals with significant and diverse investment experience. Innovative research plays a central role in our investment philosophy and process, and is an essential component of our firm’s ability to deliver attractive investment solutions. Investment teams are organized into an Equity Strategies group and a Multi Asset Strategies group. Most investment team members are engaged in original research using fundamental intuition, market intelligence, modern finance and scientific methods. We are committed to providing clients with reliable investment processes, consistent performance, transparency, and access to our investment resources. Our client base is comprised of institutional investors across the globe, including public & private retirement funds, sovereign wealth funds, endowments & foundations, and sub-advisory mandates.

Position: Intern, Equity Team

PanAgora Asset Management Group: Equity Summary. We are constantly looking for smart and aspiring students to intern within our investment team. Many of our analysts and portfolio managers started with us as interns. As an intern, you will conduct special projects for the team in the management of active U.S., international, and absolute return portfolios.

Primary Duties and Responsibilities

Sample projects include the following: Developing proprietary databases which will be used to create new quantitative instruments and insights Conduct research into novel quantitative factors for use in portfolio management decisions Utilizing latest technologies in finance and stock selection.

Essential Skills

Coursework in finance, mathematics, economics, computer science. Must have excellent mathematical, problem-solving and/or programming skills. Familiarity with accounting, financial statement analysis, fundamental research, and equity security valuation a plus. Knowledge of niche stock markets or exchanges a plus. Creativity and able to generate new ideas very desirable. Deep interests in the global capital markets.

Company Overview

Founded in 1989, PanAgora (Greek for across marketplace) Asset Management is a premier provider of investment solutions spanning most major asset classes and risk ranges. We seek to provide investment solutions using sophisticated quantitative techniques that incorporate fundamental insights and vast amounts of market information. While PanAgora’s investment strategies are highly systematic in nature, the processes deployed within these strategies are built and overseen by talented professionals with significant and diverse investment experience. Innovative research plays a central role in our investment philosophy and process and is an essential component of our firm’s ability to deliver attractive investment solutions. Investment teams are organized into an Equity Strategies group and a Multi Asset Strategies group. Most investment team members are engaged in original research using fundamental intuition, market intelligence, modern finance and scientific methods. We are committed to providing clients with reliable investment processes, consistent performance, transparency, and access to our investment resources. Our client base is comprised of institutional investors across the globe, including public & private retirement funds, sovereign wealth funds, endowments & foundations, and sub-advisory mandates.

Equal Opportunity Employer

PanAgora is an equal opportunity employer and provides equal employment opportunities to job applicants and employees without regard to race, religion, sex, marital status, color, national origin, age, physical or mental disability, veteran status, pregnancy, ancestry or sexual orientation. PanAgora is committed to maintaining an environment that is free from discrimination as well as adhering to applicable federal and state laws.

**PanAgora is an equal opportunity employer and provides equal employment opportunities to job applicants and employees without regard to race, religion, sex, marital status, color, national origin, age, physical or mental disability, veteran status, pregnancy, ancestry or sexual orientation. PanAgora is committed to maintaining an environment that is free from discrimination as well as adhering to applicable federal and state laws.

Base Salary Range

Base Salary Range: $2500 bi-weekly - $4500 bi-weekly. The posted salary range represents the company’s good faith estimate of the compensation for this position at the time of posting and the same is not a promise of a particular wage for any individual. Actual compensation may be dependent on a variety of factors including, but not limited to, the candidate’s experience, education or skills, and other factors.

Our Culture & Core Values

Our culture thrives on collaboration and creativity. We believe encouraging diversity of thought generates new perspectives that contribute to the overall investment debate, allows for focused collaboration, and ultimately leads to investment innovation. We nurture and promote our culture with a focus on the following principles:

• Team - At PanAgora, we maintain that a team approach to investing fosters collaboration and compounds the value of insights contributed by any single team member.
• Research - We believe a holistic approach to research that emphasizes the identification of market inefficiencies, often overlooked by traditional academic research, contributes to the development of more robust idea generation. PanAgora’s strategies combine the firm’s fundamental investment philosophy and original research with an advanced quantitative framework.
• Service - We seek to provide flexible investment solutions tailored to the evolving needs of our clients. We pair an array of investment offerings with a high degree of transparency in an effort to ensure that our clients understand the drivers of past performance and have proper expectations for the future. We focus on providing unfettered access to experienced client services and investment professionals, and pride ourselves on providing accurate and timely communication with our clients.