Wednesday, 1 April 2015
Last updated 2 hours ago
Mar 14 2012 | 12:17pm ET
Vinik Asset Management has hired a top mutual fund manager from Nuveen Investments.
David Iben will join Boston-based Vinik in June, Nuveen said. At Nuveen, Iben headed its Tradewinds affiliate, managing a pair of stock funds with more than $5 billion in assets under management.
Iben's funds have returned 8.1% and 6.9% annualized over the last five years.
At Tradewinds, Iben will be succeeded by co-chief investment officers Emily Alejos and Andrew Thelen.
Like Iben, Vinik founder Jeffrey Vinik got his start in mutual funds, leading Fidelity Investments' largest fund for four years before starting the hedge fund in 1996.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…