ruin

Financial Market

A California investment firm went from near ruin to managing over $100 billion: Its turnaround may offer solutions to the ‘Great Resignation’

Minnie Arwood 3 years ago

In just one decade, a Southern California investment advisory firm went from the brink of ruin to overseeing $100.5 billion in assets as of September, up from $833 million in 2011. The firm, WCM Investment Management, was nearly finished after a string of wrong-way bets on large-capitalization domestic growth stocks […]