Stephen R. Humphrey has been appointed portfolio manager for the proposed
Lord Abbett Large Cap Growth Fund being offered by
Lord, Abbett & Co. in early
2000, the company said.
Before joining Lord Abbett last month, Humphrey, 55, spent 20 years with
Chase Manhattan Bank where he managed the portfolio of the
Chase Vista Select Large Cap Growth Fund.
*****
BlackRock Inc. said that a team of European equity investment specialists led by
Albert Morillo will be joining the firm by January 1, 2000.
Morillo and his colleagues,
Allan McKenzie, Kenneth Anderson, David Stanistreet and
Richard Alexander are all joining from
Scottish Widows Investment Management Limited.
They will join BlackRock's existing team of 17 investment professionals managing Pacific Basin, EAFE and Emerging Market portfolios.
*****
Many changes have been taking place at
AIM Advisors' equity and fixed-income funds.
Craig Munro, who had been a portfolio manager on
AIM
Developing Markets Fund,
AIM Strategic Income Fund, and
AIM Emerging Markets Debt Fund, is leaving Invesco at the end of the year.
John Cleary will be taking his place in the AIM Developing Markets Fund and AIM Strategic Income Fund. He currently serves as the head of Invesco's London-based emerging markets fixed-income team.
Edwin Gutierrez and
Jonathan Mann will be filling Munro's shoes in AIM Emerging Markets Debt Fund. Both are also portfolio managers of Invesco's emerging markets fixed-income team based in London.
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