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.