MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, February 15, 2002 Amex Funds Raids Fido -- Again American Express continues to put the move on Fidelity. Amex lured a fourth Fidelity fund manager -- Telis Bertsekas, head of Fido's tech analyst team -- to its newly opened Boston office. Observers see the assault as a direct attack on designed by Amex Funds to gain market share. The willingness of Fidelity managers to jump to another institutional giant may also signal in the evolution of the Boston Behemoth. Indeed, the moves have stirred Abbie Johnson to arrange a meeting with portfolio managers next week, according to the Boston Globe. The paper adds that Fidelity may also hike pay to fend off further raids. Fidelity said Sonu Kalra is taking Bertsekas' duties. Printed from: MFWire.com/story.asp?s=1886 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |