Bob Arotsky Named Regional Sales Manager of Fund Management Company.Business Editors HOUSTON--(BUSINESS WIRE)--June 13, 2002 Fund Management Company (FMC See fixed mobile convergence. ), the institutional marketing subsidiary of A I M Management Group Inc. (AIM), announced today that Bob Arotsky has been named vice president/regional sales manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → . Mr. Arotsky, who has been with FMC since 1998, will be responsible for sales and management for the New York-Connecticut territory. FMC distributes AIM's widely recognized institutional money market funds. Mr. Arotsky has been FMC's wholesaler for the 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 territory since his arrival at AIM, drawing on more than 20 years experience in the institutional fixed-income marketplace. His previous industry experience includes positions of national sales manager for corporate coverage and institutional fixed-income sales at Citigroup. "Bob has served well as FMC's representative to the financial intermediaries Financial intermediaries institution that provide the market function of matching borrowers and lenders or traders. in the New York area, so this was a natural progression to promote him to this position of leadership," said Karen Dunn Kelley, president of FMC. Mr. Arotsky earned a B.A. in economics from Colgate University Colgate University Private university in Hamilton, N.Y. It was founded in 1819 as a Baptist-affiliated institution but became independent in 1928. It offers primarily a liberal arts curriculum for undergraduates, with some master's degree programs in arts and teaching. and an M.B.A. in finance and accounting from Columbia University. He also has a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. designation. About AIM Houston-based AIM is one of the nation's leading investment management companies. It is dedicated to providing its clients with high-quality products and service through multiple investment management styles and a broad product range of retail equity, fixed-income, and money market funds, institutional portfolios, and separately managed accounts for high-income individuals. Founded in 1976, AIM had approximately $158 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 more than 9 million shareholders as of March 31, 2002. For more information, visit www.aimfunds.com. About AMVESCAP AIM is an indirect subsidiary of AMVESCAP PLC (NYSE NYSE See: New York Stock Exchange :AVZ), a leading independent global investment manager dedicated to helping people worldwide build their financial security through a comprehensive array of retail and institutional products for clients in more than 100 countries. AMVESCAP had $400 billion in assets under management as of March 31, 2002. Additional information is available at www.amvescap.com. Note to editors -- We are required to include the following information with our news release: For more information about any AIM fund, including sales charges, fees and expenses, obtain the appropriate prospectus(es) from your financial advisor. Please read the prospectus(es) carefully before you invest or send money. Fund Management Company, Distributor. |
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