MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, November 5, 2007 Analysts Come Back into Vogue at Fund Companies In response to the proliferation of ETFs, fund companies are increasingly pouring resources back into old-fashioned stock-pickers, the WSJ reports. Fund companies are not just looking for recent college graduates; they are also looking for experienced analysts that know the ins and outs of their respective sectors. In the article, Eleanor Laise cites three examples of the new hiring spree; since 2005 Fidelity has added 120 stock analysts to its staff; Janus currently has 50 stock and bond analysts, with an average of six years of experience, up from 40 analysts with six years average experience in 2003; and MFS has also increased the size of its U.S. equity-research team by 20 to 25 percent over the past few year. Printed from: MFWire.com/story.asp?s=16345 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |