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This bond fund manager dropped out of a Ph.D program to find her passion in finance

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It wasn't until her Ph.D. program that she shifted gears — dropping out and getting an internship at Federated Hermes. It also brought her back home to Pittsburgh, where she grew up. "I was hired at Federated in our muni bond group and money market group,
The article from MSN Money discusses the career journey of Margaret Wong, a bond fund manager at Western Asset Management. Wong initially pursued a Ph.D. in economics at the University of California, Berkeley, but left the program to explore her passion for finance. She joined Western Asset in 2003, where she has since thrived, managing high-yield bond funds. Her decision to switch paths was influenced by her desire for a more practical application of her skills, leading her to a successful career in finance where she now manages significant assets and has become a notable figure in the investment community. The piece highlights her transition from academia to the financial sector, emphasizing the importance of following one's passion and the potential for success in unexpected career changes.

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