Waddell & Reed Financial Inc. and portfolio manager Ryan Caldwell have completely cut ties, despite an earlier announcement that they had agreed on a two-year consulting contract related to some of the firm's most important portfolios.
Ryan Caldwell served as co-portfolio manager for the Asset Strategy portfolios at the Overland Park-based mutual fund provider. The portfolios account for about $44.7 billion of the firm's $131.4 billion of assets under management as of March 31. The asset strategy…
Waddell & Reed Financial Inc. and portfolio manager Ryan Caldwell have completely cut ties, despite an earlier announcement that they had agreed on a two-year consulting contract related to some of the firm's most important portfolios.
Ryan Caldwell served as co-portfolio manager for the Asset Strategy portfolios at the Overland Park-based mutual fund provider. The portfolios account for about $44.7 billion of the firm's $131.4 billion of assets under management as of March 31. The asset strategy…