Oak Associates hires Yardeni as top strategist

Edward Yardeni was named chief investment strategist at Oak Associates, a new position, said Tucker Hewes, spokesman. Mr. Yardeni was chief investment strategist and a managing director of Prudential Equity Group. Ed Keon, Prudential's chief quantitative strategist and chief U.S. equity strategist, will assume Mr. Yardeni's responsibilities, said Jim Gorman, Prudential spokesman. Oak Associates had more than $8 billion in assets under management as of June 30.