Buy-side analyst

Buy-side analyst

Buy-side analysts ("buy-siders") work for money management firms such as mutual funds, pension funds, trusts, and hedge funds. They are incentivised to identify investment opportunities that will improve the net worth of the portfolio they work for.

A buy-side analyst typically works in a mutual fund, pension fund, or other non-brokerage firm, and provides research and recommendations exclusively for the benefit of the company's own money managers (as opposed to individual investors). Unlike sell-side recommendations and reports—which are meant for the analyst's brokerage firm's clients, and the broad outlines of which the press often widely disseminates—buy-side recommendations are not available to anyone outside the firm. If the buy-side analyst stumbles upon a formula, vision, or approach that proves effective, it is kept secret.

See also

*Sell-side analyst
*Securities research

References

* Groysberg, Boris, Healy, Paul M., Chapman, Craig J. and Gui, Yang (August 2005), "Do Buy-Side Analysts Out-Perform the Sell-Side?", AAA 2006 Financial Accounting and Reporting Section (FARS), SSRN|806264
* [http://www.investopedia.com/terms/b/buyside.asp Buy Side at Investopedia.com's dictionary]


Wikimedia Foundation. 2010.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Buy-side analyst — A financial analyst employed by a non brokerage firm, typically one of the larger money management firms that purchase securities on their own accounts. The New York Times Financial Glossary …   Financial and business terms

  • buy-side analyst — A financial analyst employed by a nonbrokerage firm, typically one of the larger money management firms that purchases securities on its own account. Bloomberg Financial Dictionary …   Financial and business terms

  • Buy Side — The side of Wall Street comprising the investing institutions such as mutual funds, pension funds and insurance firms that tend to buy large portions of securities for money management purposes. The buy side is the opposite of the sell side… …   Investment dictionary

  • Sell-side analyst — A sell side analyst works for a brokerage firm and evaluates companies for future earnings growth and other investment criteria. They sometimes place recommendations on stocks or other securities, typically phrased as buy , sell , or hold. They… …   Wikipedia

  • Financial analyst — A financial analyst (or securities analyst, research analyst, equity analyst, investment analyst) is a person who works with financial analysis.JobAn analyst will write reports on the companies they are supposed to cover, trying to describe the… …   Wikipedia

  • Sell side — is an expression used in financial markets. It refers to firms that take orders from Buy side firms and then work the orders. This is typically achieved by splitting them into smaller orders which are then sent directly to an exchange or to other …   Wikipedia

  • Andrew Colin (financial analyst) — Andrew Colin is a financial analyst specializing in portfolio theory, one of the first to apply chaos theory to financial market [ [http://www.highbeam.com/doc/1G1 12540837.html Tilting at chaos: technical analysis. | Article from The Economist… …   Wikipedia

  • Sell Side — The retail brokers and research departments that sell securities and make recommendations for brokerage firms customers. For example, a sell side analyst works for a brokerage firm and provides research to individual investors. This is the… …   Investment dictionary

  • Industry analyst — An industry analyst performs primary and secondary market research within a particular segment of an industry such as information technology or telecommunications to determine accurate market descriptions, market trends, forecasts and models.… …   Wikipedia

  • Would You Buy A Used War From This Man? —   Cover artist Ed Sorel Country United States …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”