Stradley Ronon Investment Management Group Chair
Bruce Leto discussed with The Philadelphia Inquirer the inspiration behind the newly formed
Philadelphia Fund Alliance, a group of asset management professionals created to hold an annual fundraiser for a charity in the Philadelphia region and highlight Philadelphia's deep roots and influence in the national financial markets and services.
The article details the region's history in the investment management industry, with Bruce noting that New York firms "only got involved in the 1980s and '90s, when the Wall Street investment banks started creating mutual funds. But Philadelphia has been involved since the '20s."
For the full piece, click here.