Scott Minerd, global chief investment officer of Guggenheim Partners, died on Wednesday afternoon from a heart attack. He was 63.
Minerd was a top Wall Street banker before joining Guggenheim shortly after it was formed in 1998. He's been a fixture at industry conferences and on cable news networks like CNBC, while helping to lead a firm that now manages more than $285 billion in assets.: "I have known Scott for over 30 years and we were partners much of that time. Scott was a key innovator and thought leader who was instrumental in building Guggenheim Investments into the global business it is today.
The firm added that Anne Walsh, a Guggenheim managing partner and CIO of its investment management unit, will assume many of Minerd's responsibilities on an interim basis.
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