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, April 7, 2008 Fido Gives Analysts Some Love 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 you’re a manager of a diversified fund and do well, that’s great. If you want to be a career analyst, that’s a path, too." Printed from: MFWire.com/story.asp?s=17888 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |