Los Angeles Earthquake Puts Harsh Spotlight On Recovery Strategies Of Buy-Side Firms
SPECIAL REPORT
Knocking out power and telephone lines around the city, the Jan. 17 earthquake in Los Angeles jolted many investment management operations, offering an inside glimpse at the effectiveness--or lack thereof--of local firms' contingency plans. Among those affected by the quake were BA Capital Management, Capital Guardian Trust, Capital Research & Management Co., Financial Management and Trust Services and Transamerica Investment Services.
In a survey of the top L.A.-based money management firms, IMT
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