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Rating:Fido Gives Analysts Some Love Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, April 07, 2008

Fido Gives Analysts Some Love

by: Erin Kello

Fidelity is undergoing yet another cultural shift. The New York Times reports that the company known for promoting its star fund managers is starting to recognize those who labor behind the scenes. Since 2005, the Boston behemoth has upped its analysts' ranks from 315 to 500. Those analysts will also see paychecks more on par with the firm's money managers. Walter C. Donovan, president of the equity division at Fidelity Management & Research, told the pub, "If youíre a manager of a diversified fund and do well, thatís great. If you want to be a career analyst, thatís a path, too."  

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