AS UAM TRIES TO STAY AHEAD, DEBT MOUNTS AND ASSETS SHRINK: "WE DON’T BORROW JUST TO BORROW," EXEC SAYS, BUT BORROW THEY DO
United Asset Management, a company that has grown almost exclusively by acquiring money managers, is deeper in debt…
Q&A: DAVID N. DREMAN "THERE ARE STRATEGIES WE’VE USED FOR 25 YEARS…THEY ARE UNSHAKEABLE"
David Dreman was a contrarian investor long before it became fashionable. “I grew up to the idea that…
MORE MERGERMANIA: M&A ACTIVITY UP 23% OVER ’97 FIRST QUARTER, BUT DOWN $90 BILLION FROM END OF LAST YEAR
A rising stock market, low interest rates and cooperative bank lenders have combined to keep U.S. merger and…
AS UAM TRIES TO STAY AHEAD, DEBT MOUNTS AND ASSETS SHRINK: "WE DON’T BORROW JUST TO BORROW," EXEC SAYS, BUT BORROW THEY DO
United Asset Management, a company that has grown almost exclusively by acquiring money managers, is deeper in debt…
PEOPLE: WAITER’S JOB LED HIM TO BOARD SEAT AT DONALDSON LUFKIN & JENRETTE
As a teenager, Ted Shen always planned on following his father into academia, but a chance encounter during…
Q&A: MICHAEL HIRSCH — "THE DAYS WHEN I COULD WALK INTO FIDELITY AND STROLL AROUND THE FLOOR ARE OVER"
Michael Hirsch, the self-proclaimed grandfather of the fund of funds concept, feels vindicated. In 1975, when he became…
Q&A: JACK WHITE "WELL, I’M NOT ABOUT TO DO A FULL MONTY"
A client called Jack White & Co. and asked if he “had reached Jack White.” The receptionist, new…
ONCE HOT, THEY’RE TOO FAT TO DANCE WITH: INVESTORS DUMP<p>FORMER SKYROCKETS WHEN PERFORMANCE FALLS AS ASSETS RISE
Fidelity Investments isn’t the only company with fat mutual funds that could stand closing the kitchen to new…
ONCE HOT, THEY’RE TOO FAT TO DANCE WITH: INVESTORS DUMP<p>FORMER SKYROCKETS WHEN PERFORMANCE FALLS AS ASSETS RISE
Fidelity Investments isn’t the only company with fat mutual funds that could stand closing the kitchen to new…
Q&A: DON PHILLIPS — "FIDUCIARY RESPONSIBILITY IS ABDICATED WHEN YOU START TALKING ‘PRODUCT’"
Don Phillips has virtually grown up with the mutual fund industry. The 35-year-old president of Morningstar Inc. began…