AIM Announces Additions to Fund Management Teams.HOUSTON--(BUSINESS WIRE)--Nov. 30, 1999-- A I M Advisors, Inc., the investment management subsidiary of A I M Management Group Inc. (AIM), has announced changes to three of its equity and fixed-income funds. AIM is a member of the $291 billion AMVESCAP Group (NYSE NYSE See: New York Stock Exchange :AVZ), one of the world's largest independent investment services companies. John Cleary John Cleary (born August 31, 1932 in Cornwall, Ontario) is a politician in Ontario, Canada. He served as a Liberal member of the Legislative Assembly of Ontario from 1987 to 2003. Cleary was educated at St. Lawrence College. has been added to AIM Developing Markets Fund and AIM Strategic Income Fund. Mr. Cleary began his investment career in 1993 as an emerging markets currency and bond portfolio manager for Fischer Francis Trees & Watts. In 1997, he joined West Merchant Bank, Ltd., as an emerging markets fixed income manager. In 1998, he joined INVESCO Asset Management Ltd., and currently serves as the head of INVESCO's London-based emerging markets fixed-income team. He holds a bachelor's degree in management from the London School of Economics and Political Science London School of Economics and Political Science, at London, England; founded 1895, recognized as a school of the Univ. of London (see London, Univ. of) in 1900. and has completed the investment management program at the London Business School Around 800 degree students, from 70 countries, graduate from the school each year. Over 80 percent of students, and over 70 percent of faculty, come from outside the UK. A further 6,000 executives attend the school executive education programmes each year. . Edwin Gutierrez and Jonathan Mann
Mr. Mann began his investment career in 1992 as an analyst with CRU International. Similar to Mr. Gutierrez, he also joined INVESCO in 1994 as an economist in its San Francisco office and later joined INVESCO's London-based emerging markets fixed-income team in 1998. He was promoted to portfolio manager in 1999. Mr. Mann holds a bachelor's degree from Trinity University in Cambridge. Craig Munro, who was a portfolio manager on AIM Developing Markets Fund, AIM Strategic Income Fund, and AIM Emerging Markets Debt Fund, will leave INVESCO at the end of the year to pursue other interests. AIM was founded in 1976 and ranks as the nation's 10th-largest mutual fund complex, according to independent mutual fund monitor Strategic Insight, with approximately $120 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. and 6.4 million shareholders as of September 30, 1999. AMVESCAP PLC had $291 billion in assets under management as of September 30, 1999. Note to editors -- We are required to include the following information with our news release: For more complete information about any AIM Fund, including sales charges and expenses, please obtain the appropriate prospectus(es) from your financial consultant or by calling 800/347-4246. Please read the prospectus carefully before you invest or send money. For more information about AIM, visit our website: http://www.aimfunds.com A I M Distributors, Inc., Distributor. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion