bear, it is a fund investing in CLO (mainly most junior tranche). And yes, just 35K, which makes me quite miserable after hearing your "awfully low". I see your point in that CLO has been stressed tested and i agree with that.

@Gamal: i see your point. How about the salary progress that he claimed, is it bluff ?

Hi Gamal, do you have a specific reason for that ? or, How do you view the CLO market ?

<t>Situation:- Well known MFE program in London, yet to graduate- UG in statistics- No previous investment banking experience, but quant-developer intern in a prop trading firm- Highly Interested in algo-trading, but not planning to do a PhD- Offered with London CLO fund of 10 people as "quant analy...