Greg Fleming, CEO of Rockefeller Capital Management, discusses client asset allocation between internal proprietary strategies and third-party external managers.
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“The business that we've grown the most since we bought the firm is more external because that's the model they're used to. So if we hire a team from Merrill Lynch or Morgan Stanley, UBS, JP Morgan, they're used to more of an external manager model.”
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Insight
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PredictionNot checkable as stated
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Insight
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Opinion
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Opinion
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“And actually, with hindsight, it's been a spectacular deal for Bank of America, despite some of the challenges up front.”
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Opinion
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