Buy-side views mixed on tech budgeting for 2010

Aite Group's new Asset Management Business & Technology Priorities Survey 2009 questioned 17 US and international investment managers on their strategic goals and planned technology initiatives for next year. The survey included both long-only and alternative managers, more than half of which (nine) had assets of under $5 billion or $5 billion-$50 billion.

Report author and Aite Group senior analyst Denise Valentine writes that the financial industry has lost an estimated 330,000 jobs since 2007

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