Dresdner's Tougher Time
Traders Magazine, December 2002
Joe Rodela, director of U.S. equity trading for Dresdner RCM Global Investors, a San Francisco-based institutional asset manager, says it's a brutal environment. "You'd be extremely lucky to sell something at the very top and buy it at the very bottom," he says. As of the third quarter of 2002 Dresdner RCM had $42.5 billion in assets under management. A primarily plain-vanilla growth manager, the firm invests money for corporations, public pension funds, nonprofit organizations, unions, high-net-worth individuals and mutual funds. It also has some advisory clients.
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