Quote:
Originally Posted by Unregistered
I see. Thought that it was part of the investment team which is FO. Guess it’s a few tiers below equity research?
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Its not even remotely close to ER. Portfolio analysts are there to manage the asset allocation of unsophisticated dumb ****s who are too braindead to buy index funds and would rather pay higher fees for worse performance. At least ER caters to 'sophisticated' institutional clients.