Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating: Art Steinmetz is the New Oppenheimer Experiment Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, August 13, 2014

Art Steinmetz is the New Oppenheimer Experiment

News summary by MFWire's editors

Sometimes, you have to try new things.

On July 1, Art Steinmetz took over as CEO of OppenheimerFunds, succeeding Bill Glavin.

InvestmentNews dubbed Steinmetz's promotion an experiment, and a potentially risky one, given that he is the first investment manager to lead OppFunds.

The article provides some interesting color into Steinmetz, who brews his own beer at home, studied Russian at Denison University and washed out of Air Force flight school.

Delving into setbacks OppFunds' bond managers experienced during the financial crisis of 2008, the InvestmentNews article looks into Glavin's housecleaning after the crisis as well as the evolution of the investment team during Steinmetz's tenure as president.

So far, the housecleaning seems to be making investors happy: InvestmentNews reports that the firm saw last year a record $17.3 billion in net inflows, and saw flows of $6.1 billion during the first half of this year. 

Edited by: Tommy Fernandez


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use