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HOW INVESTMENT TEAMS WASTE THEIR TIME

OtherHOW INVESTMENT TEAMS WASTE THEIR TIME

How are investment teams spending their time? About 30% is spent just shuffling data around and on other tasks that are less essential than core investing work.

Institutional investors are spending half a day per week just typing up handwritten notes, according to a joint study from consulting firm Mercer and investment software firm Backstop Solutions that was released Tuesday.