Brinson facing defections by key employees
Money management powerhouse Brinson Partners Inc., which is grappling with poor investment returns and the retirement of its founder, faces a brain drain.
Some employees of the Chicago money manager are expected to bolt in the first quarter of next year after they receive the final installment from a 1994 buyout and their annual bonuses. About 200 of the firm's 1,400 employees are receiving buyout payments. About 15 have already given notice.
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