http://allaboutalpha.com/blog/2006/09/25/pyramis-fidelity-breaks-with-its-traditions-turns-to-portable-alpha-for-the-first-time/ A finance blog about hedge funds, portable alpha and alternative investing. Mon, 13 Feb 2012 11:26:54 +0000 http://wordpress.org/?v=abc hourly 1 http://allaboutalpha.com/blog/2006/09/25/pyramis-fidelity-breaks-with-its-traditions-turns-to-portable-alpha-for-the-first-time/comment-page-1/#comment-35 All About Alpha » Blog Archives » Triumph of the Nerds Mon, 09 Oct 2006 18:08:40 +0000 http://allaboutalpha.com/blog/2006/09/25/pyramis-fidelity-breaks-with-its-traditions-turns-to-portable-alpha-for-the-first-time/#comment-35 [...] But like Citigroup (and potentially others), BGI may face challenges integrating the culture (and compensation schemes) of both passive and active (hedge) investing: “With the success of the active-investment business, including its hedge-fund unit, comes friction that didn’t exist when the company was mostly an indexer. Former employees and competitors say that implementation of a stock-option compensation plan has stirred resentment in the ranks.” [...] [...] But like Citigroup (and potentially others), BGI may face challenges integrating the culture (and compensation schemes) of both passive and active (hedge) investing: “With the success of the active-investment business, including its hedge-fund unit, comes friction that didn’t exist when the company was mostly an indexer. Former employees and competitors say that implementation of a stock-option compensation plan has stirred resentment in the ranks.” [...]

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