Fund management institutions continue to strengthen their own research teams rather than rely on broker research
It's not just the risk of global meltdown which is threatening to shatter the cosy world of the brokerage analyst. The last few years have seen a marked increase in the number of analysts employed in-house by fund management institutions as the money managers seek to gain greater competitive advantage by adding their own analytical twist to the spiralling information stakes.
This 'do-it-yourself' approach to research is no new thing, of course. Most large buy-side institutions have had an
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