Smart people always willing to help
Great benefits/pay/lunch stipend etc.
Collegiate environment, most analysts are in their mid- late-20's
Cons
Work can become repetitive - same coverage for multiple years at a time speaking to the same people
Limited work life balance (but its a hedge fund so you should expect that going in)
A lot of micromanagement/bureaucracy. Too many cooks in the kitchen overseeing work, can make the research process tedious