Sell Side Fails to Meet Fund Managers' Needs

摘要

A recent report by APR Smartlogik asserts that U.K. fund managers are increasingly dis-satisfied with information supplied by sell-side research analysts. According to the study, which surveyed the top 50 U.K.-based fund-management firms, less than one-third (32 percent) of the information respondents receive from the sell side is relevant to their needs. In addition, the quality has deteriorated since 2002, when slightly more than 54 percent of all sell-side messages received by fund managers was deemed to be directly relevant to the fund manager's realm of interest.