First Boston Asset Management Shuffles Systems Staff, Takes Aim At Equities Business


The appointment in February of John Cook as First Boston Asset Management's (FBAM) chief executive officer has already had repercussions in the manager's systems department. And sources speculate that Cook's penchant for equities may bring big changes to FBAM's mostly fixed-income and mortgage-backed profile, altering its system, research and analytics requirements.

New York-based FBAM manages over $12 billion, mostly in mortgage-backed and high-yield investments, sources say. Cook--who, sour