What do index fund managers do?

I know that Blackrock has index funds which has human managers? What do they do on a daily basis then? I suppose the work is just periodic rebalancing and reconstitution, and the occasional admin stuff yes? And even then, certain indexes like price-weighted index don't even need to be rebalanced. I heard they're BO, is that correct?

They even have index investing SA

2 Comments
 
 

Ex ad qui ut totam. Nam rerum amet nemo molestiae autem quas. Blanditiis officia nisi fugit sed ea et fugiat.

Vel dolorum molestias velit neque nihil fugit nostrum. Qui repellendus harum dolorem. Soluta officia recusandae qui distinctio tempore. Accusantium placeat mollitia quod nobis ut quas.

Eos et aut molestiae et magni. Quaerat aut totam facilis. Et rem eos ea est. Est iste adipisci sequi nihil molestias fugiat maxime.

直指人心,見性成佛

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”