For anyone who cares:

For anyone who cares:

Due to the emerging trend of inflows to low cost passive index funds and outflows in actively managed funds (i.e mutual funds and hedge funds) - are the future careers of large institutional portfolio managers and their supporting research analyst teams in jeopardy or at least expected to shrink over the long-term?

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The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.

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