Scott Minerd

Guggenheim managing partner and global CIO Scott Minerd passed away unexpectedly Wednesday afternoon due to a heart attack during a routine workout.

"Scott's role over time changed greatly as Scott became the public speaker for the firm, one of its senior leaders and a mentor to the employees of Guggenheim Investments, many of whom Scott himself recruited." [real estate](https://www.foxbusiness.com/real-estate), insurance and other services. They will dedicate their ongoing efforts to do so with excellence and fidelity to honor his legacy." "Scott was a key innovator and thought leader who was instrumental in building Guggenheim Investments into the global business it is today. "I have known Scott for over 30 years and we were partners much of that time," said Mark Walter, CEO and a founder of Guggenheim Partners. My deepest condolences are with his husband, family and loved ones."

Minerd was chief investment officer of Guggenheim, which manages over $285 billion in assets.

Scott was a key innovator and thought leader who was instrumental in building Guggenheim Investments into the global business it is today. 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. - 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.

Minerd died at California home after suffering a heart attack · Guggenheim Partners CIO was widely viewed as a top bond trader.

Chief investment officer was well-known face of firm as it grew into large US money manager.

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Investment and advisory firm Guggenheim Partners said on Thursday its global chief investment officer, Scott Minerd, had died after a heart attack on ...

"In his public facing role, Scott was unafraid to buck consensus. "Wall Street will mourn the passing of Scott Minerd. He will be greatly missed by all," Mark Walter, CEO and a founder of Guggenheim Partners was quoted as saying in Guggenheim's statement.

Minerd, who was a founding partner at the firm, was a prolific commentator and renowned investor.

According to Guggenheim’s announcement, there will be no disruption of service to clients or change in the daily management process of the company. According to the firm’s announcement of his death, he recruited a number of employees at the firm, many of whom he then mentored. “Scott was a key innovator and thought leader who was instrumental in building Guggenheim Investments into the global business it is today.

Scott Minerd, the Guggenheim Partners chief investment officer who was regarded as one of the bond kings of the past decades, has died. He was 63.

“If I was ever going to say ‘no’ to him, it would be by phone,” Guggenheim Executive Chairman Alan Schwartz said at the time about Minerd and his physically intimidating appearance. At his peak, the 300-pound Minerd could bench-press 495 pounds 20 times and even competed in the Super Heavyweight and over-40 divisions at Los Angeles bodybuilding championships. It was the Wild West — pick up a telephone and call a company and ask them if you could issue a bond for them.” He switched to investing, which paid better, and climbed Wall Street’s ranks for the better part of a decade. “Guggenheim’s investment professionals, in tribute to Scott, will continue every day to use the processes and procedures Scott helped build to manage Guggenheim’s client portfolios.” The son of an insurance salesman, Minerd grew up in southwestern Pennsylvania on land his family settled before the Revolutionary War.

Guggenheim Partners chief investment officer Scott Minerd has died. He was 63. Mr. Minerd died suddenly on Wednesday after suffering a heart attack, ...

"Scott was a key innovator and thought leader who was instrumental in building Guggenheim Investments into the global business it is today. Minerd was among Wall Street’s more visible personalities, making frequent appearances on television and maintaining an active presence on social media to discuss markets and investments.\n\n"I have known Scott for over 30 years and we were partners much of that time," Mark Walter, Guggenheim's CEO, said in a statement. Minerd died suddenly on Wednesday after suffering a heart attack, the firm said in a statement.\n\nMr.

Minerd was regarded as one of market's "bond kings" due to his highly regarded analysis.

Scott was a key innovator and thought leader who was instrumental in building Guggenheim Investments into the global business it is today," said Mark Walter, chief executive and one of the founding partners of Guggenheim said in a statement. He joined Guggenheim in 1998 shortly after the founding of the firm. He attended the Wharton Business School in Pennsylvania.

An early member of the firm, he helped shape its growth from a startup to the manager of more than $218 billion in assets.

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Scott Minerd, the global chief investment officer at Guggenheim Partners, has died after suffering a heart attack during a regular workout, ...

Minerd ended up placing his High North Hero award money in a fund to support young Arctic entrepreneurs and their business ideas. The fund is called High North Young Entrepreneurs and is awarded by The High North Center. He became a well-known commentator on markets, with pronouncements on macroeconomic trends that were closely tracked by investors and on Twitter, where his followers numbered 169,000.

Minerd remembered for his quirkiness, love of bodybuilding · His benchmark bond fund beat peers for most of the past decade.

And, of course, there was the There was his upbringing: a humble son of an insurance salesman in Pennsylvania’s coal-mining region. There was the fact that the Guggenheim Partners chief investment officer was openly gay, a rarity for a top executive in the industry.