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

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

Rating:AIM Changes Up Fund Management Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, April 21, 2004

AIM Changes Up Fund Management

by: Theresa Sim

AIM Investments announced a management overhaul of its Premier Equity Fund and a manager departure from its Aggressive Growth Fund on Monday.

30-year industry veteran Ronald S. Sloan will lead the Premier Equity Fund, one of AIM's flagship funds with $8.6 billion in assets under management as of March 31, 2004. James G. Birdsall, R. Canon Coleman II, James C. Gassman, Geoffrey V. Keeling, Lanny H. Sachnowitz, Matthew W. Seinsheimer, Robert L. Shoss, Michael J. Simon, and Bret W. Stanley will also manage. All managers, including Sloan, already work at AIM.

Sloan replaces Robert A. Shelton as lead fund manager. The other management team members were Abel Garcia, Kellie Veazey, Meggan M. Walsh, and Michael Yellen. Walsh and Yellen assist with management of other AIM funds. The roles of Garcia, Veazey and Walsh, in terms of fund management, are pending review, said company spokesman David Bachert.

Sloan joined AIM in 1998 and also leads the Charter Fund and the Mid Cap Core Equity Fund.

As fund head, Sloan will coordinate the portfolios of each independent manager. Each manager's allocation will be determined by opportunities and will not be fixed. The fund firm believes the multi-team structure will lower risk, increase diversification, and lower correlation between investments.

Robert M. Kippes leaves the helm of the Aggressive Growth Fund effective May 31, 2004 to pursue "personal interests." Jay K. Rushin will be promoted to lead manager of the $240 million fund with Karl F. Farmer also managing. AIM is currently evaluating whether to add another member to the management team, said Bachert.

Rushin is also lead manager of the Mid Cap Growth Fund and co-manager of the Emerging Growth Fund, with Farmer also managing on both funds. 

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
2025: Q3Q2Q1
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


  1. MFDF Director Discussion Series - Open Forum, July 9
  2. ICI webinar - The Digital Future of Asset Management: Current State and Regulatory Landscape, July 10
  3. MFDF webinar - Mid-Year Tax Update for Registered Investment Companies, July 10
  4. MFDF Director Discussion Series - Open Forum (Philadelphia), July 15
  5. 2025 MMI Women in Advisory Solutions Forum, Jul 15-16
  6. Nicsa webinar - How Trusted GenAI is Transforming Data Access in Asset Management, July 16
  7. MFDF webinar - M&A and Consolidation in Asset Management, July 16
  8. MFDF webinar - ETF Conversions, July 17
  9. MFDF Director Discussion Series - Open Forum (New York), July 22
  10. MFDF Ask Anything webinar - AI Edition, July 24
  11. MFDF webinar - Use of Derivatives by RICs, July 29
  12. MFDF Director Discussion Series - Open Forum (Columbus, Ohio), August 20
  13. Samfund Soiree Boston 2025, August 21
  14. MFDF webinar - The Audit Committee Chair's Guide to Balancing Duties and Emerging Issues, September 3
  15. ICI ETF Conference, Sep 8-10
  16. Nicsa webinar - Reimagining Reconciliation: AI, Regulation, and Capital Markets Transformation, September 10
  17. MFDF webinar - Series Trust Funds - Compliance and Board Reporting, September 10
  18. MFDF In Focus - Board Oversight of DEI in Current Landscape, September 11
  19. MFDF webinar - MFDF 15(c) White Paper Webinar Series: Part 4 – Enforcement Action Takeaways, September 16
  20. MFDF webinar - Latest in Closed-End Funds Litigations, September 23
  21. MFDF webinar - Fixed Income Insights: Navigating Market Trends & Opportunities, September 24
  22. MFDF webinar - Risk Management Essentials for RICs and Boards, September 29
  23. MFDF webinar - Diligent - Tools for Fund Board Book, October 1
  24. 10th annual Fuse Forum, October 8
  25. MFDF webinar - Essential Strategies in Board Oversight of Operational Risk Management, October 14
  26. 2025 MMI Annual Conference, Oct 15-17




©All rights reserved to InvestmentWires, Inc. 1997-2025
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use