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Good response Supersadface.

The thing is the Investment Management world is changing.. Years back, Equity Research was ALL the rage...then fundamental fixed income research started becoming sexy.. Note: this was back in the days when capital availabe to invest was millions vs. trillions today.

I guess I'm questioning the value of equity research in an efficient market (arguably strong form efficient [thanks Raj] market).

Its relatively easy to go from equity research to FoF research but going the other way around is quite daunting..

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