Some of the biggest funds are pumping money, technology, and time into building out credit quant teams, sources tell Business Insider.
| |  | Some of the biggest funds are pumping money, technology, and time into building out credit quant teams, sources tell Business Insider.
Firms like Steve Cohen's Point72, Renaissance Technologies, and Millennium have all built out their teams as they try to apply their expertise in quant equity and FX trading strategies to the $9.2 trillion world of US corporate bonds.
But recruiters tell Business Insider that firms are unsure of what to look for when hiring for these roles because "it's just so different from the equity space."
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