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BEA Associates/Credit Suisse Asset Management Launches New Initiative With Domestic and Global Consultants Under Direction of Bruce Pflug.


NEW YORK--(BUSINESS WIRE)--Nov. 18, 1998--BEA Associates, a member of Credit Suisse Asset Management, has launched an important initiative with the promotion of Bruce Pflug to director of consultant development.

In making the announcement, Tim Taussig, executive director and head of institutional marketing, said the new effort will focus on building improved relationships with key domestic and global consultants and their respective knowledge of our products and services. Bruce will build a consultant development team to complement BEA/Credit Suisse Asset Management's existing client service and relationship management functions.

"Consultants desire a single point of contact within an investment management firm to ensure effective communication of the firm's product line and investment processes," said Pflug. "Consultants want to work with managers in greater detail. To respond to their increasing demands for greater knowledge of our firm, we have developed a dedicated team to service their requests. We will structure ourselves such that consultant development will be the general contact between the firm and the consultants. Relationship managers and client service professionals will continue to work with consultants for prospect and client specific matters."

Pflug, who recently spearheaded client development in San Francisco, will be based in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
. He has 13 years of experience as a marketing and consulting executive in investment management and financial services, and joined Credit Suisse in 1995.

Pflug began his professional career with U S West Trust Investment Management in Denver. From 1990 to 1994, he was a consultant with SEI Capital Resources in San Francisco responsible for asset allocation Asset Allocation

The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio.
 modeling, manager searches and performance analysis for a wide range of institutional clients.

Pflug has a B.A. in economics from Colorado State University Colorado State University, at Fort Collins; land-grant with state and federal support; chartered 1870, opened 1879 as an agricultural college, assumed present name in 1957. There is a veterinary teaching hospital, an agricultural campus, and a research campus.  and an M.B.A. from the University of Colorado University of Colorado may refer to:
  • University of Colorado at Boulder (flagship campus)
  • University of Colorado at Colorado Springs
  • University of Colorado at Denver and Health Sciences Center
  • University of Colorado system
.

BEA BEA - Basic programming Environment for interactive-graphical Applications, from Siemens-Nixdorf.  Associates is a member of Credit Suisse Asset Management (CSAM CSAM Credit Suisse Asset Management
CSAM College of Science and Mathematics
CSAM California Society of Addiction Medicine (San Francisco, California)
CSAM Certified Senior Account Manager
), the institutional asset management and mutual fund arm of Credit Suisse Group. CSAM employs more than 1,400 people worldwide and has global 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.  of $142.3 billion as of Sept. 30, 1998.
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Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 18, 1998
Words:336
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