Article: Against the grain; NYLIM chief sees having insurance company parent as a strength during the tough times money managers are now experiencing.(NEWS)

Byline: Douglas Appell

Dire economic conditions are forcing many financial conglomerates to rethink their commitment to the money management business, but John Kim is swimming against that tide. After two decades heading up investment operations for insurance giants such as Aetna Inc., CIGNA Corp. and Prudential Financial Inc., Mr. Kim took the helm at New York Life Investment Management LLC in April 2008.

Investment bankers are of two minds when contemplating growth prospects of NYLIM, which owns five other money management shops. On the one hand, parent New York Life Insurance Co. emerged from the turmoil of the past two years with its AAA rating ...

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