Manager change tidal wave looms just over horizon
Institutional investors worldwide are preparing to hire and fire managers at a record pace, but those basing their decisions on short-term relative performance might be making changes at precisely…
Merger a boon to investment side
The proposed marriage of benefits consulting heavyweights Watson Wyatt Worldwide Inc. and Towers Perrin is expected to give a boost to the combined firm’s investment consulting practice.
Ameriprise said to have edge in bidding war for Columbia
Bank of America’s board is in the final stages of weighing bids by Ameriprise Financial and Nuveen Asset Management, backed by private equity firm Madison Dearborn Partners, for subsidiary Columbia…
