New UAM President May Seek Coordination But Not Common Technology Platforms
MANAGEMENT & INFRASTRUCTURE
In naming Charles Haldeman as its new president, United Asset Management, the Boston holding company for 53 money management firms, may have found an executive capable of realizing the operating efficiencies the company has lacked. But it's unlikely that those efficiencies will be achieved through a back-office consolidation or the establishment of common investment management systems.
Founder Norton Reamer will remain as chief executive officer, although he is handing over the president's
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