Federated Investors [see profile] is changing up its portfolio management team after one of its members left the firm. Specficially, James Grefenstette, a vice president and senior portfolio manager, was named head of the firm’s core/growth equity management team, replacing Carol Miller, also a senior portfolio manager, who left the firm, P&I reports.

Spokeswoman Meghan McAndrew told the pub that Grefenstette will retain his current titles and continue to manage the $366 million Federated Mid Cap Growth Strategies Fund, but she declined to provide further details. He will also supplant Miller as a senior PM for the $1.3 billion Federated Capital Appreciation Fund. 

Edited by: Hung Tran


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