RogersCasey Announces New Unit and Managing Director
September 17, 1997 10:00 AM
DARIEN, Conn., Sept. 17 /PRNewswire/ -- Rogers, Casey & Associates, Inc., announced today that a new unit has been formed within its subsidiary, RogersCasey Sponsor Services, Inc., to focus on the investment consulting needs of financial intermediaries. In addition, the company announced that Bill Overgard, the former president of the WHO Investment Consulting Company and the former national director of Investment Consulting Services for Buck Pension Fund Services, has joined RogersCasey as the managing director for the newly formed unit. RogersCasey is a wholly-owned subsidiary of BARRA, Inc. BARZ .
Financial intermediaries, such as insurance companies and banks, want to provide the individual investor with the appropriate set of retirement options. RogersCasey's extensive experience in managing risk, and in selecting and monitoring managers, applies directly to the needs of this expanding market.
"As individuals need to accumulate assets for retirement they will look for alternatives to mutual funds that are more appropriate to their risk tolerance and planning horizons, such as variable annuities and private label products of regional and local banks. Financial intermediaries will need to create new products to address these needs," said Todd Doersch, president and chief executive officer of RogersCasey Sponsor Services, Inc.
In leading WHO Investment Consulting Company, Mr. Overgard assisted major financial intermediaries in the areas of product design, with an emphasis on reducing downside risk, portfolio management and marketing analytical systems. Throughout his 26 years as a financial and investment executive, Mr. Overgard has emphasized the need for institutional investors to focus on risk, and has performed extensive integrated asset/liability studies and developed unique quantitative methods to analyze fixed income investment managers.
"RogersCasey provides comprehensive consulting to institutional investors and financial intermediaries, particularly in the increasingly important area of risk assessment. I am very pleased to have joined a team that has a reputation for taking a structured approach to consulting and displays unparalleled dedication to client service," said Bill Overgard.
Mr. Overgard holds an MBA from the University of Michigan and a B.S. in Mechanical Engineering from the University of Colorado.
Rogers, Casey & Associates, Inc., established in 1976, offers products and services designed for the investment programs of institutional investors and investment managers. The firm concentrates on investment consulting and special assets advisory, with dedicated expertise in areas such as emerging markets and market neutral strategies. Headquartered in Darien, CT, RogersCasey also has a West Coast office in San Francisco, California. Information on RogersCasey, a wholly-owned subsidiary of BARRA, Inc., is also available on-line at rogerscasey.com. SOURCE Rogers, Casey & Associates, Inc. |
