Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Franklin Growth's Manager Passes Away Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, April 14, 2014

Franklin Growth's Manager Passes Away

News summary by MFWire's editors

Jerry Palmieri, the portfolio manager of the $9.8 billion Franklin Growth fund, passed away on April 6, at the age of 85, according to Morningstar. Palmieri has been managing the bronze-rated fund since 1965 and, in 1987, was the recipient of Morningstar's first ever Fund Manager of the Year award.

The fund generated consistent strong performance and provided some downside protection as well. It returned 5.43 percent on an annualized basis over the past 15 years, beating the 3.93 percent return of the S&P 500 Index in the same time period.

Palmieri was born Vivian Jerry Palmieri in New York City in 1928. He graduated from Williams College in 1950 with a degree in economics and then served in the U.S. Air Force during the Korean War. He joined Franklin Templeton Investments in 1963.

More information can be found in his obituary at the Avery-Storti Funeral Home & Crematory in Rhode Island. 

Edited by: Anastasia Donde


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use