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Rating:The Reilly Brothers Bid Goodbye to AllianceBernstein
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Friday, March 12, 2010

The Reilly Brothers Bid Goodbye to AllianceBernstein

News summary by MFWire's editors

Brothers Jim and Mike Reilly are leaving AllianceBernstein at the end of June, reports Morningstar fund analyst Courtney Goethals Dobrow in the latest edition of the Fund Times column. The article did not state the brothers' post-AllianceBernstein plans.

The Reillys are part of the management team for the AllianceBernstein Large Cap Growth Fund.

Co-manager Scott Wallace will assume Jim Reilly's duties as team leader, while the rest of the team will stay intact.

The change would also affect Vanguard U.S. Growth Fund. For the past two years, Jim Reilly's team has shared subadvisory duties on the fund with John Jostrand of William Blair

Edited by: Stephanie Bernhard

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