>> My name is Jeff Coons.
I'm President of Manning & Napier, which is an investment firm in Rochester, New York.
Manage about $40 billion in assets, high-net-worth individuals,
varieties of institutions from pension plans, 401(k) plans, to endowments and foundations.
And in all cases, we are managing to try to achieve a goal or objective.
About half of our assets were blending stocks and bonds together to achieve those goals.
In other cases, we play a narrow role of either an equity manager or a bond manager.