European investment management regulation announced Monday could lose brokers business, analysts their jobs and also hit fund managers’ profits, experts have warned.
PIMCO has hired Giles Money as Senior Vice President and a Portfolio Manager focused on global growth equity strategies and Lucrecia Tam as Senior Vice President and an equity analyst focused on industrials.
Risky investments caused losses of about $12.2m
Tighe Sullivan, co-founder of WCAS Fraser Sullivan Investment Management LLC, was killed in a helicopter crash in Pennsylvania while returning from a golf outing. He was 51.
UBS Chief Investment Officer Alexander Friedman is masterminding a push by Switzerland’s biggest bank to develop a performance track record that will attract rich clients as Swiss secrecy erodes.
Securities and Exchange Commission Chairman Mary L.