New Hires Roundup: BlackRock Adds Taborsky; Fisher Goes to Touchstone; Harris myCFO Appoints Lee
This week in new hires, Morningstar advances Harding; Penn Mutual brings in Reynolds; Meader Chairs CFA Institute board; IPI appoints Kumar and Sutherland.
Contract Impasse Forces John A. Levin & Co. to Shut Down Event-Driven Funds
NEW YORK (HedgeWorld.com)--After failing to negotiate contracts with its event-driven investment team, John A. Levin & Co. Inc. said in a regulatory filing that it will wind up the funds, returning assets to investors. As of June 30, Levin's event-driven funds represent 17% of the firm's US$12.4 billion in assets...
Vanguard Realigns Equity Income Fund's Multi-Manager Structure
The Vanguard Group removed John A. Levin & Co. Inc. as one of the managers of its $4.3-billion Vanguard Equity Income/Investor (VEIPX). Under the new structure,...