Meaning / Definition of
Buy Side
Categories: Finance,
Institutional money managers, such as mutual funds, pension funds, and endowments, are the buy side of wall street. Buy-side institutions use proprietary research to make investments for the portfolios they manage and don't interact with or make recommendations to individual investors. In contrast, sell-side institutions such as brokerage firms act as agents for individual investors when they buy and sell securities, and make their research available to their clients.
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