MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

It seems that actually managing money is a lot trickier than selling software to money managers. Barra, which has perhaps the strongest franchise in the market for third-party investment analytics, says that when it reports its results for the third quarter of its 1999 fiscal year, they will fall 15 percent to 25 percent its results for the third quarter of 1998. The problem is in the company's Symphony Asset Management affiliate, where results fell short of expectations because of market

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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