MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, September 29, 2003 ProFunds Names COO ProFund Advisors has brought in help from Deutsche Bank. The fund complex has lured Richard A. Goldman as its chief operating officer to oversee day-to-day operations at the firm and to work closely with Chairman and CEO Michael Sapir. Goldman was most recently a managing director and head of Financial Institutions Group at Deutsche Bank's asset management division. From 1997 to 1999 he was a corporate vice president at Prudential responsible for product development, field compensation, and international strategic initiatives for the marketing and planning department. "Joining ProFund Advisors right now is a terrific opportunity," said Goldman in a statement. "Few companies in the industry have experienced such rapid growth so early in their history. Slightly less than six years old, the firm has doubled its assets to over $4 billion since the beginning of 2002, a period when many asset managers experienced a significant decrease in assets. ProFund Advisors is in a unique position and, I believe, is poised for even stronger future growth." ProFunds is one of the few fund firms catering to the needs of market-timers. Printed from: MFWire.com/story.asp?s=5919 Copyright 2003, InvestmentWires, Inc. All Rights Reserved |