MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
Thursday, June 10, 1999 Stein Roe Will Not Merge Funds Stein Roe's Board of Trustees has decided not to proceed with the proposed merger of Stein Roe Capital Opportunities Fund and the Young Investor clone -- Stein Roe Growth Investor Fund.
Capital Opportunities Fund will continue to be managed by Erik Gustafson and David Brady, who have managed the Fund since May 6, 1999. Together, Gustafson and Brady also manage the Stein Roe Young Investor Fund. In addition, Gustafson manages the four-star rated Stein Roe Growth Stock Fund and Brady manages the Stein Roe Large Company Focus Fund, ranked by the June issue of Smart Money magazine as one of the "seven hottest" new funds launched in 1998. The manager of the Growth Investor Fund, Gloria Santella, resigned last month. Printed from: MFWire.com/story.asp?s=24982 Copyright 1999, InvestmentWires, Inc. All Rights Reserved |