Principal buys $16.5b value fundWEDNESDAY, 27 JUN 2007 12:09PMPrincipal Global Investors (PGI) has acquired Morley Financial Services, a value asset manager with around $16.5 billion (US$14 billion) in funds under management, for $88.8 million (US$75 million). |
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
