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But 27 percent of all portfolio managers are at least 50 years old.
"They could have done the deal in the room," one portfolio manager said.
Under such conditions, the portfolio managers simply could not do well.
"Portfolio managers simply do not believe this will last very long," he said.
In 1980, he was promoted to the role of a portfolio manager.
"In some ways, there is nothing more fun" than being a portfolio manager, she said.
Since the beginning of 1996, 22 portfolio managers have left Fidelity.
Some portfolio managers say the additional data has been helpful.
What portfolio managers do want instead is easy access to good idea merchants.
That's similar to the challenge that domestic portfolio managers face.
"There is a small list of portfolio managers who think I have something to deliver, and we talk."
So where do portfolio managers think they will find the biggest rewards in the months ahead?
Most analysts and portfolio managers said they expect the deal to be a success.
"Sometimes the rug just gets pulled out from some of those portfolio managers."
Some portfolio managers are in no rush to buy stocks right now.
But many portfolio managers are little worried these days about definitions.
The only way to find out what kind of stake portfolio managers hold in their funds is to ask them.
A portfolio manager "wants management to stay focused on its core business," he said.
But these devices will not solve all the problems, say some portfolio managers.
"There's just so many surprises a portfolio manager can take," he added.
"But this is the most prepared for war portfolio managers have been in my lifetime."
One portfolio manager of a large fund also did little trading yesterday.
And portfolio managers are wasting little time putting that money to work.
Or of a star portfolio manager leaving to start a hedge fund?
Many of the company's better-known portfolio managers have also left.