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Thursday, January 12, 2006

AIG SunAmerica Adds a Portfolio Manager

by: Armie Margaret Lee

AIG SunAmerica Asset Management Corp., the mutual fund and asset management arm of AIG Retirement Services, has named Jay Rushin as senior vice president and portfolio manager for small- and mid-cap stock growth strategies. He reports to Tim Pettee, chief investment officer.

Rushin succeeds Brian Clifford, who left the Jersey City-based firm towards the end of last year.

Prior to joining AIG SunAmerica, Rushin was lead portfolio manger at AIM Investments. In his new role, he will oversee products that may invest in small- and mid-cap stocks, including the SunAmerica Growth Opportunities Fund and SunAmerica New Century Fund.

As of December 31, 2005, the firm managed and/or administered nearly $44.7 billion of assets, including some $10.5 billion in mutual funds. 

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