Wednesday, 20 August 2014
Last updated 1 hour ago
Aug 17 2012 | 8:35am ET
Boston-based Anchor Capital Advisors will acquire Moody Aldrich Partners’ Focused Value business and hire its founder and sole portfolio manager, Michael Pierre.
Pierre will join the Anchor investment team as a senior vice president and portfolio manager and his long-only domestic all-cap equity strategy will be available to Anchor clients immediately following the transaction close. The value of the deal was not revealed.
Focused Value grew out of a 2003 strategic partnership between MAP and Pierre & Company, which provided infrastructure and support to its All Cap Value.
“This is a terrific acquisition for Anchor,” says William P. Rice, president and founder of the $6.5 billion Anchor Capital. “Not only will it enhance our product offering, but Mike’s appointment represents an excellent addition to the next generation of leadership at the firm. We look forward to partnering with him on continuing Anchor Capital’s growth.”
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note