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Linda Bolton Weiser Joins D.A. Davidson Research Team, Adding Consumer Products Coverage
Things that make you say 'meh.'
Remitly Expands into the United Kingdom
Of the muni bond funds tracked by Morningstar Inc., OppenheimerFunds stands out as the biggest fan of debt issued by financially-strapped island nation.
Puerto Rico's governor says the island's $72 billion debt load is too big to pay. OppenheimerFunds , the largest mutual-fund holder of the bonds, disagrees.
Oppenheimer has about $3.5 billion in Puerto Rican debt spread across 19 funds, according to Morningstar.
OppenheimerFunds has promoted Art Steinmetz to president. He is currently executive vice president and chief investment officer, where he oversees all equity, fixed income and alternative investment capabilities including investment strategy, strategic planning and personnel.