Jim Drasdo '63 recently retired after 36 years at Capital Research and Management Company. When he joined, Capital managed about $1.2 billion in mutual funds distributed as the American Funds; when he retired in June 2013 the funds had grown to about $1.2 trillion. Jim joined as an analyst following the chemical and railroad industries but soon became a portfolio counsellor. Jim became President of both Fundamental Investors, one of the country's first mutual funds, and Growth Fund of America, which became the largest actively managed equity mutual fund under Jim's watch. He was a Director of The Capital Group Companies and Capital Research and Management Company. About his career, Jim says that he was extremely fortunate to stumble into something that he really enjoyed and was reasonably good at. He also believes his timing was "fortuitous, to say the least."
Sponsored by the Robert ’53 and MeiLi Hefner Foundation and offered here at Webb to two current students, The Hefner Initiative aims to foster a close and positive relationship between the people of China and the US. This extraordinary 12-day summer program includes travel this year to Beijing and Suzhou—allowing for living/learning opportunities with host students and families.
Shyam Arya '18 and Ellie Canty '18 have been accepted to present a poster at the National American Chemical Society conference in New Orleans in March 2019--an extremely rare honor for high school students.
It’s November 2nd and the College Guidance office is quiet this morning—nothing like the last few days when countless numbers of panicked seniors were popping in to get their essays looked at one last time before pressing “submit.”