In the Margins
PIMCO has eliminated 68 people and is handing over management of some of its equity assets to Newport Beach, Calif.-based Research Affiliates as part of a cost-cutting plan, according to an internal memo sent Thursday. The majority of the staff affected were in operations, technology and client-facing roles. Read the original story from The Wall Street Journal.
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Edward Boudreau will retire from the Columbia Funds board at the end of this year after serving for two years as independent chairman and 14 years ...
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Susan Wyderko will retire from her position as president and CEO of Mutual Fund Directors Forum in the fall of 2020. When she steps down next ...
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