Don't get fooled (Cubist Systematic Strat) - Quantitative Researcher Point72 Employee Review

1.0
8 Nov 2019
Recommend
CEO approval
Business outlook

Pros

Well known company, on wsj quite often.

Cons

I usually don't like to express negative views, but I fell obligated to write this review. Hope it can help people who is considering joining this firm. The quant arm of Point 72 used to call Cubist Systematic Strategy. Seems they removed the name, now people can no longer find info on Glassdoor (try to think why they do that? ) The company has two relative independent businesses: fundamental ( Point 72) and quantitative ( Cubist ). I don't know much about fundamental side, but I can say a few things about Cubist: It is no a fun place to work. Cubist is organized as many small PM teams, there is no sharing among teams, even within the team people don't share ideas. Don't expect to learn any thing, instead of contributing your alphas/ideas. In general, I think some PM teams are hiring people to get trading algos from him/her, instead of trying to grow with this person and help him/her become successful. Unless you plan to join as a PM, or one of the core member in the PM team is your uncle, please seriously consider other options. For more junior entering this field, consider other bigger places like two sigma/citadel, where you can actually learn something.

Explore other reviews about Point72

5.0
4 May 2026
Recommend
CEO approval
Business outlook

Pros

Long term vision and collaborative environment compared to other firms in the hedge fund industry.

Cons

Due to the pods culture, the requirement for independent research is not for everyone and could be especially demanding for people with less experience.

4.0
27 May 2026
Recommend
CEO approval
Business outlook

Pros

Smart people always willing to help Great benefits/pay/lunch stipend etc. Collegiate environment, most analysts are in their mid- late-20's

Cons

Work can become repetitive - same coverage for multiple years at a time speaking to the same people Limited work life balance (but its a hedge fund so you should expect that going in) A lot of micromanagement/bureaucracy. Too many cooks in the kitchen overseeing work, can make the research process tedious

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