American Century Investments Announces Appointment of International Equity CIO.KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo. -- American Century Investments American Century Investments is a privately held investment management firm. Its headquarters are located at 4500 Main in Kansas City, Missouri, near the famous Country Club Plaza. It was formerly known as Twentieth Century Investments. The company was founded by James E. today announced the appointment of Enrique Chang, 43, as senior vice president and chief investment officer (CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. ), International Equity. Chang, who begins his new position today, joins American Century from Munder Capital Management, where he served as president and chief investment officer. "Enrique is a great addition to American Century's International Equity team," said Mark Mallon, American Century's chief investment officer. "His strong investment management background, coupled with his proven leadership skills, will be invaluable as we continue to provide consistent, value-adding investment performance for our clients." In his new role, Chang assumes leadership over the investment professionals and supporting staff currently responsible for $7.8 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. . Established in 1991, American Century's International Equity discipline consists of five distinct growth strategies: International Growth, Global Growth, International Small-Mid Cap and International Small Cap and Emerging Markets. Chang brings 18 years of industry experience to his new leadership position at American Century. He joined Munder Capital Management in 2000, serving as chief investment officer over equities until his appointment to president and chief investment officer in 2002. Prior to that, he held a series of senior investment management positions at Vantage Global Advisors, J. & W. Seligman and Co., and General Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. Corporation. Chang graduated with a B.A. in mathematics from Fairleigh Dickinson University Fairleigh Dickinson University, at Florham-Madison and Teaneck-Hackensack, N.J.; coeducational; incorporated and opened 1942 as a junior college, became a four-year college in 1948 and a university in 1956. and earned an M.B.A. in finance/quantitative analysis and an M.S. in statistics and operations research operations research Application of scientific methods to management and administration of military, government, commercial, and industrial systems. It began during World War II in Britain when teams of scientists worked with the Royal Air Force to improve radar detection of from New York University New York University, mainly in New York City; coeducational; chartered 1831, opened 1832 as the Univ. of the City of New York, renamed 1896. It comprises 13 schools and colleges, maintaining 4 main centers (including the Medical Center) in the city, as well as the . American Century Investments is a leading investment manager with nearly fifty years of experience helping investors achieve their financial goals. Serving investment professionals, institutions, corporations and individual investors, American Century offers a broad array of products across a variety of investment disciplines. Based in Kansas City, Mo., the company manages more than $100 billion in assets through mutual funds, separate accounts, commingled trusts, subadvisory accounts and institutional class funds. James E. Stowers James E. Stowers (born 1924) is the founder of American Century Investments and the Stowers Institute for Medical Research. Born and raised in Kansas City, Missouri, Jim Stowers graduated from Kemper Military School in Boonville, Missouri. Jr. founded the company in 1958. His son, James E. Stowers III, is chairman and William M. Lyons is president and chief executive officer. For the past seven years, American Century, which employs 1,900 people, has been selected as one of FORTUNE Magazine's 100 Best Companies to Work for in America. For more information about the company, visit www.americancentury.com. Before investing, consider a fund's investment objectives, risks, charges, and expenses. Contact 1-800-345-3021 for a prospectus containing this information. Read it carefully. International investing involves special risks, such as political instability and currency fluctuations. Investing in emerging markets may accentuate these risks. |
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