Reported 1 day ago
Four prominent members of Wamco's emerging-market debt team have left to join Jackson Financial's PPM America, following significant losses and investigations tied to Wamco's co-chief investment officer, Ken Leech, who faces criminal fraud charges. This departure marks a notable moment for Wamco, which has seen massive investor withdrawals amid scrutiny, while the new team will contribute to expanding PPM's fixed-income business.
Source: YAHOO