American Express Hires Franklin Portfolio Manager
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Friday, January 07, 2000

American Express Hires Franklin Portfolio Manager

American Express named Lisa Costa the senior portfolio manager of the AXP Growth Fund. Costa was previously at Franklin Templeton, where she was manager of the Franklin Asset Allocation Fund and the Templeton SICAV U.S. Equity Fund, as well as co-manager of the Franklin Dynatech Fund.

Related Links
American Express
On InvestmentWires
Amex Makes Advice Alliance
Dec 1 1999
Amex Launches Index Funds
Nov 5 1999
Amex Plans Online Brokerage
Oct 7 1999
American Express Teams Up With Schwab
Sep 21 1999
Costa was chosen because of her expertise in growth funds. The AXP Growth Fund focuses on large-cap growth companies, and has $8.5 billion under management.

Costa replaces Mitzi Malevich, who retired after managing the fund since 1992.

"Lisa's vast experience investing in growth stocks in general and technology companies in particular should allow her to build on AXP Growth's impressive momentum," said Joe Barsky, vice president, equity investments, American Express. "We expect her to use an investment approach similar to the one that has served Mitzi and our shareholders so well over the years."

Printed from:

Copyright 2000, InvestmentWires, Inc.
All Rights Reserved
Back to Top