Do it yourself

It's not just the risk of global meltdown which is threatening to shatter the cosy world of the brokerage analyst. The last few years have seen a marked increase in the number of analysts employed in-house by fund management institutions as the money managers seek to gain greater competitive advantage by adding their own analytical twist to the spiralling information stakes. This 'do-it-yourself' approach to research is no new thing, of course. Most large buy-side institutions have had an