A co-PM just left the three-star, $9.4-billion Thornburg Investment Income Builder Fund
. On Monday the Santa Fe, New Mexico-based mutual fund firm revealed that Cliff Remily
left the fund, while fellow co-PMs Jason Brady
and Brian McMahon
are staying put [see filing
A spokesman for Thornburg [see profile]
declined to comment for this story, citing company policy against discussing employee departures.
An alum of Brandes Investment Partners and Zacks Investment Research, Remily joined Thornburg in 2006 as an equity research analyst. He joined Brady and McMahon as a co-PM for the fund on February 1, 2010.
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