He started correcting his biggest strategic errors: the acquisition of two underperforming American fund-managers that operated under Zurich Scudder Investment.
Heiner Skaliks, fund manager of the Strategic Latin America (SLATX), a balanced mutual fund, said that investors can find investment grade bonds that are even trading below par, but have substantial upside.
"Through this acquisition, IV was able to acquire a portfolio that is both strategic and relevant in a variety of technology areas, " said Loria Yeadon, executive vice president of the Invention InvestmentFund (IIF) at Intellectual Ventures.