Shortly after becoming CEO of American Century Investments in March 2007, Jonathan Thomas began planting the seeds for landing more business at the firm from institutional investors such as pension funds and endowments.
That strategy gained more focus at the firm during the financial crisis of 2008, when American Century's heavy retail client based balked at the major correction in the market, fleeing the equities market in droves. The firm lost about $14 billion in assets from May to September…
Shortly after becoming CEO of American Century Investments in March 2007, Jonathan Thomas began planting the seeds for landing more business at the firm from institutional investors such as pension funds and endowments.
That strategy gained more focus at the firm during the financial crisis of 2008, when American Century's heavy retail client based balked at the major correction in the market, fleeing the equities market in droves. The firm lost about $14 billion in assets from May to September…