MultiQuant - Research Analyst Point72 Employee Review

Thank you for writing a review of your experience at Cubist. We’re disappointed that you believe your experience fell short of our Mission and Values, but I’m also surprised. Cubist employees hail from more than 20 countries and speak many languages. It’s common to hear French, Mandarin, Russian, Spanish and Greek – as well as English – at Cubist, and often in the same team. Our teams are organized by their Portfolio Managers (PMs) and the only criteria they care about is the talent of new team members, nothing else. You note the interactions “between PM and his team is not standard,” to which I respond, of course they aren’t: our very diversity of employees not only reflects national origins and languages, but management styles, too. We think diversity is a strength and hope you do too, but I can point out two things that are universal across every team, and the whole Firm. First, our Mission is “To be the industry’s premier asset management firm through delivering superior risk-adjusted returns, adhering to the highest ethical standards and offering the greatest opportunities to the industry’s brightest talent,” and we measure ourselves against it every day. Second, as part of that Mission, we seek to nurture our talent and we have a carefully defined career path at Point72. At Point72, 70% of our PMs started as Analysts. At Cubist, a handful have. We regret this turned out to not be the place for you, but given the low turnover rate at Point72 – our PMs are here on average twice as long as the industry average, even longer in Cubist – we think we’re on to something good at Cubist and Point72.