Buy-side analysts ("buy-buy") work to buy outsourcing management companies such as mutual funds, pensions, trusts, and hedge funds. They are given an incentive to identify investment opportunities that will increase the net worth of the portfolio they work for.
The buy-side analyst usually works in mutual funds, pensions, or other non-brokerage companies, and provides research and recommendation exclusively for the benefit of the company's own financial managers (as opposed to individual investors). Unlike recommendations and sell-side reports - intended for clients of brokerage firms, and outlines that are often spread by the press - buy-side recommendations are not available to anyone outside the company. If the buy-side analyst stumbles on a formula, vision, or approach that proves to be effective, it is kept secret.
Video Buy-side analyst
See also
- Selling analyst
- Securities Research
- Quantitative (financial) analysis
Maps Buy-side analyst
References
- Groysberg, Boris, Healy, Paul M., Chapman, Craig J. and Gui, Yang (August 2005), Does Buy-Side Side-Outs- Side-Selling? , AAA 2006 Financial Accounting and Reporting Section (FARS), SSRN 806264
- Buy Side in Investopedia.com dictionary
Source of the article : Wikipedia