Bear Stearns plans to add two more analysts to its investment grade research team. Doug Colandrea, the firm's head of investment-grade research for North America, says he has been interviewing for a senior analyst position to cover real estate investment trusts, and hopes to have it filled by the end of the quarter. "We have a major commercial mortgage operation and we feel we can leverage off of that and pick up REIT's," he says. He is also looking for a mid-level analyst to follow basic industries or some other area where the firm's coverage is currently thin or non-existent. Colandrea says that hire will likely come later in the year.
Bear Stearns Seeks High-Grade Research Help