American General Names Graves Senior Vice President of Investment Advisory Subsidiary.HOUSTON--(BUSINESS WIRE)--May 4, 1999-- American General (NYSE NYSE See: New York Stock Exchange :AGC AGC Automatic Gain Control AGC Automotive Glass Cartridge (fuse) AGC Associated General Contractors AGC Associated General Contractors of America AGC Atypical Glandular Cells AGC Attorney-General's Chambers ) recently announced that James W. Graves has been named senior vice president - institutional marketing of American General Investment Management, L.P. (AGIM), American General's investment advisory subsidiary. AGIM, with over $62 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. , provides investment advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal to institutions, mutual funds, and individual clients. Graves is responsible for marketing to pension funds, endowments, and insurance companies. He reports directly to Steven Guterman, executive vice president of AGIM. "AGIM is expanding its institutional business by recruiting experienced and talented investment professionals, like Jim," said Richard W. Scott, executive vice president and chief investment officer of American General Corporation and president and chief investment officer of AGIM. "He is a valuable addition to our already strong institutional marketing team." Graves' career in the financial services industry includes more than 20 years of experience serving institutional investors. He joins AGIM from Acadian Asset Management Acadian Asset Management, previously known as Acadian Financial Research, is a company in the financial services industry. It is a global equity manager; its clients include institutions such as public and private pension plans, governments, foundations and private individuals. , where he served as senior vice president with responsibility for client service and new business development. Graves also was a member of Acadian's Operating Committee, which directed the firm's equity management business activities. Previously, he served as vice president of T. Rowe Price T. Rowe Price (NASDAQ: TROW) is an independent global investment management firm and mutual fund manager based in Baltimore, Maryland. It was founded in 1937 by Thomas Rowe Price, Jr.. T. Investment Services, where he led the development of institutional separate account equity and fixed income business. Graves, 43, a native of Wilmington, Delaware, received his B.A. in English and Political Science from Trinity College in 1977, and his M.B.A. 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 in 1984. American General Financial Group is one of the nation's largest diversified financial services organizations, with assets of $109 billion and market capitalization of $19 billion. Headquartered in Houston, it is a leading provider of retirement services, life insurance, and consumer loans to more than 12 million customers. American General common stock is listed on the New York, Pacific, London, and Swiss stock exchanges. American General Corporation 2929 Allen Parkway Houston, Texas 77019-2155 |
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