Buy Side Trading - Types of jobs

[eager_to_learn]

Is the role of a trader different in the 3 types of buy-side firms ?

1. Asset Managements Firms - Fidelity, Vanguard, Blackrock etc
2. Hedge Funds
3. Prop Trading Firms.

Thank You.

 

[eager_to_learn]

Specifically, is there a difference between "Emerging Markets Long/Short Equity Fund" at an Asset Management Firm as compared to a hedge fund that follows an "Emerging Markets Long/Short Equity" strategy ?