U.S. Global Investors (NASDAQ-
GROW) (USGI), the San Antonio-based asset manager of 14 no-load mutual funds, has named
Dr. Michael Ingraham as director of research. Ingraham had previously been the lead portfolio manager of the
USGI Equity Income Fund and will continue to report to
Frank Holmes, chief executive officer and chief investment officer of USGI.
Prior to joining USGI in 1998, Ingraham had been an independent consultant and head of the investment and analytical services group at
Alex. Brown, now
BT Alex Brown. 
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