Investment management titan BlackRock has filed papers showing it owned 12.3 percent of newly public Symmetry Surgical as of Dec. 31. That makes the firm the largest owner of Symmetry Surgical on record; hedge fund Moab Capital has declared a 9 percent stake and said it wants to get a seat (or two) at the board table. Shares of Symmetry Surgical (Ticker: SSRG) are down slightly since coming to market in early December.
The Private Client Reserve Group of U.S. Bank has recruited veteran Music Row executive John Briggs to its team. MusicRow.com reports Briggs, who spent a quarter of a century at ASCAP before launching his own firm in 2010, will look to build a team to go after business in Music City's entertainment industry.
“We are thrilled that John has chosen to join our team in the Entertainment & Pro-Sports Group. While John brings with him a vast network of industry professionals, he also brings an extensive 25-year history of managing domestic and international royalty collections across all genres of music, television and film. That deep industry knowledge will be very valuable to both our team, as well as our new and existing clients,” said J. Steven Cook, regional market leader for The Private Client Reserve.
The managers of the Nashville Area ETF are basking in some pretty strong performance numbers. Research firm Lipper has the 15-month-old investment vehicle atop its list ranking the performance of more than 800 ETFs and mutual funds focused on the core small-cap companies. The ETF (Ticker: NASH) has about $9 million in assets under management and is changing hands this afternoon at around $30. It has climbed 10 percent year to date.
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