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Waddell & Reed names chief risk officer for investment adviser units

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Waddell & Reed names chief risk officer for investment adviser units

Waddell & ReedFinancial Inc. appointed Daniel Scherman senior vice president of itsinvestment adviser units, Waddell& Reed Investment Management Co. and Ivy Investment Management Co., in the newlycreated position of chief risk officer.

Scherman's previous roles include serving as senior vice president,chief risk officer and portfolio manager at JanusCapital Group Inc.