The board of the Institute for Portfolio Alternatives, a Washington-based alternative investment trade group, has appointed Anya Coverman as its president and chief executive.
Since 2017, Coverman has served as the group's senior vice president of government affairs and general counsel, leading its legislative, regulatory and legal initiatives, including the creation of its political action committee.
Prior to joining the IPA, she was the deputy director of policy and associate general counsel at the North American Securities Administrators Association. Coverman has also practiced corporate and securities law at Greenberg Traurig in Washington.
New chief executive Rich Steinmeier replaced Dan Arnold on October 1.
The global firm is navigating a crisis of confidence as an SEC and DOJ probe into its Western Asset Management business sparked a historic $37B exodus.
Beyond returns, asset managers have to elevate their relationship with digital applications and a multichannel strategy, says JD Power.
New survey finds varied levels of loyalty to advisors by generation.
Busy day for results, key data give markets concerns.
A great man died recently, but this did not make headlines. In fact, it barely even made the news. Maybe it’s because many have already mourned the departure of his greatest legacy: the 60/40 portfolio.
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