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May 31, 2005

Spotlight on New York

Some deep digging is done to find out what makes New York investors tick

New York City is the equity center of the universe, home to the world’s largest stock exchanges and wealthiest buy-side institutions in terms of equity under management. For most IROs, whose function is to attract investor capital, New York is a must-visit destination.New York’s buy-side manages some $2.57 tn in equity assets, which accounts for 22.3 percent of total US equity under management. The city also has some 1,249 buy-side institutions, which collectively employ around

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