| Gene L. Needles Jr.|
American Beacon Advisors
The former Scudder executive faces the challenge of growing the business that was once a sleepy arm of American Airlines. Now owned by private equity giants led by Texas Pacific Group
, Gene Needles
is said to by in the market to buy other fund shops.
In the meantime, American Beacon
] is building out what is one of just a handful of subadvised-only shops from its roots as a deliverer of defined benefit expertise to their airline's 401(k) plan.
See the list of all the 2010 Most Influential People
Stay ahead of the news ... Sign up for our email alerts now