Wednesday, February 8, 2012
Is There a Future for Middle and Back Office Employees at Hedge Funds?
Late last year, Bridgewater Associates announced that it would outsource its entire middle and back office staff to BNY Mellon. According to COO Connect, this meant that somewhere around 100 of Bridgewater's accountants, business analysts and software experts (among other operational staff) would join BNY Mellon's asset servicing team.
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