In January, he joined the PR firm Global Strategy Group as an executive vice president.

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Now, investors are returning to a more discerning view of things, said Marc Tomassi, a managing director and head of the Global Strategy Group at Manning and Napier in Rochester, New York.

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Signature programmes include Beyond Grey Pinstripes, a global data base and report card on MBA business education, and the Corporate Values Strategy Group, a forum for business leaders to promote change in policy and business practice in pursuit of long-term value creation.

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