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Tuesday, February 19, 2008

NICSA Names Pioneer Alum as President

News summary by MFWire's editors

The National Investment Company Services Association (NICSA) tapped Theresa Hamacher as its new president effective March 3. Hamacher succeeds Barbara V. Weidlich, who left the organization in November of last year.

Theresa Hamacher
Incoming President
© Susan Lapides 2006
NICSA officials announced Hamacher's appointment during the second day of the trade organization's annual meeting in Miami on Monday.

Hamacher was previously chief investment officer for Pioneer Investment Management USA, where she led a team of more than 50 investment professionals. Earlier, she was CIO for Prudential Mutual Funds. Hamacher also co-authored the Pocket Idiot’s Guide to Investing in Stocks.

Press Release

MIAMI--(BUSINESS WIRE)--The National Investment Company Service Association (NICSA) announced today that Theresa Hamacher, CFA has been named president of the association, effective March 3, 2008.

“NICSA is very fortunate to have Theresa joining the organization,” said Peggy Schooley, president of Evergreen Service Company and chairman of NICSA. “We are very certain that her managerial experience, her non-profit experience and her contacts and relationships from the investment side of the business, as well as her enthusiasm for the NICSA message will strengthen our future.” Schooley made the announcement before an audience of about 750 investment industry executives at the trade group’s annual gathering at the Doral Golf Resort in Miami.

Theresa is the former Chief Investment Officer (CIO) for Pioneer Investment Management USA in Boston, MA, where she supervised a team of over 50 investment professionals managing more than $15 billion in global equity and fixed income assets for mutual fund and institutional clients. Previously, she was the CIO for Prudential Mutual Funds in Newark, NJ where she supervised over $60 billion in assets.

She began her career as an investment professional in 1983 and has managed portfolios with varying mandates and investment approaches. In 1984, she ran the top-performing mutual fund in the U.S., the Prudential-Bache (Tax-Managed) Utility Fund. She has appeared on "Wall Street Week".

An independent consultant and writer, Theresa is the co-author of The Pocket Idiot’s Guide to Investing in Stocks. She has been actively involved in not-for-profits in her community and currently serves as the President of the board of directors of The Guidance Center, Inc., a provider of developmental, mental health and family support services to children and families in Cambridge and Somerville, Massachusetts.

Theresa is a graduate of Yale College, with a major in Economics. She is a Chartered Financial Analyst.

Theresa succeeds Barbara V. Weidlich, who left NICSA in November 2007.


The National Investment Company Service Association (NICSA) is a not-for-profit trade association providing leadership and innovation in educational programming and information exchange within the operations sector of the investment industry worldwide.

NICSA membership totals more than 400 companies operating in major financial centers worldwide. The membership represents all segments of the mutual fund industry including mutual fund complexes, investment management companies, custodian banks, transfer agents and independent providers of specialized products and services.

NICSA’s services to members include education, training and networking opportunities through conferences on a wide range of industry issues and developments, specialized publications, and access to a huge network of industry professionals in NICSA's membership directory. NICSA also offers the Certified Mutual Fund Specialist Program, the first-ever on-line learning certification program of its kind.

Edited by: Armie Margaret Lee

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