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Rating:A Fund Firm's President Relinquishes His PM Duties at Two Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, January 10, 2011

A Fund Firm's President Relinquishes His PM Duties at Two Funds

Reported by Armie Margaret Lee

Dreman Value Management's president, James Hutchinson, is no longer part of the portfolio management team at two of the Jersey City, New Jersey-based company's mutual funds. [ SEC filing]

The two funds are $109.3 million Dreman High Opportunity and $8.5 million Dreman Market Over-Reaction.

Hutchinson could not immediately be reached for comment.

Mark Roach, who joined Dreman in 2006 as managing director and portfolio manager, is now a member of the PM team for those two funds and the Dreman Contrarian International Value Fund, according to the filing.  

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