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 |
|
Thursday, October 20, 2011 Berkowitz Loses Another PM Charles Fernandez, has resigned as co-PM of Fairholme Fund's [see profile] flagship fund, Morningstar reports. Fernanadez was also co-PM of the Fairholme Focused Income and the Fairholme Allocation fund. Fernandez's resignation from the firm was effective October 17, according to regulatory filing. He joined Fairholme in 2008, and Berkowitz reportedly said at the time that he would use Fernandez's expertise in corporate restructurings to make contrarian and deep-value bets, such as his much-maligned bet on St. Joe. Another pair of former Berkowitz disciples, Keith Trauner and Larry Pitkowsky, left the firm and launched their maiden offering this year. Printed from: MFWire.com/story.asp?s=38110 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |