Craig C. Dembek Joins Turner Investment Partners as Portfolio Manager/Senior Research Analyst in Fixed Income.Business Editors BERWYN, Pa.--(BUSINESS WIRE)--May 13, 2003 Craig C. Dembek has been named a portfolio manager/senior research analyst in the U.S. Fixed Income Team at Turner Investment Partners, an investment-management firm that invests more than $8 billion on behalf of institutions and individuals. In this position Mr. Dembek, 33, covers the banking, finance, insurance, broker/dealer, and real-estate-investment-trust industries for all of Turner's institutional bond portfolios and mutual funds. In addition, he helps manage the Turner Core Fixed Income, Turner Intermediate Fixed Income, and Turner Short Duration High Quality Fixed Income institutional portfolios as well as the Turner Total Return Fixed Income Fund, the Turner Short Duration Fixed Income Fund, and the Turner Ultra Short Duration Fixed Income Fund. Based in Berwyn, Pennsylvania, Turner is employee-owned and was founded in 1990. Mr. Dembek becomes the fourth member of Turner's team of fixed-income portfolio managers/security analysts who invest in both the investment-grade and noninvestment-grade, or high-yield, sectors of the bond market. His appointment supports the recent growth in Turner's fixed-income 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. , which totaled $1 billion as of March 31, up from $685 million at the end of 2000. He reports to Roger A. Early, fixed-income chief investment officer. He most recently served as a senior fixed-income analyst at Stein Stein , William Howard 1911-1980. American biochemist. He shared a 1972 Nobel Prize for pioneering studies of ribonuclease. , Roe & Farnham in Chicago, where he conducted investment research in various industries. Before that, he served as an assistant vice president/senior investment-grade credit analyst at Delaware Investments in Philadelphia. A Chartered Financial Analyst Chartered Financial Analyst (CFA) An experienced financial analyst who has passed examinations in economics, financial accounting, portfolio management, security analysis, and standards of conduct given by the Institute of Chartered Financial Analysts. , he earned a bachelor's degree in finance at Michigan State University Michigan State University, at East Lansing; land-grant and state supported; coeducational; chartered 1855. It opened in 1857 as Michigan Agricultural College, the first state agricultural college. in 1991 and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration degree in finance at The University of Vermont in 1994. He lives in Concordville, Pennsylvania Concordville, Pennsylvania is one of four settlements in historical Concord Township, Delaware County, Pennsylvania. It is located 20 miles WSW of Philadelphia, at the junction of U.S. 1 [Baltimore Pike] and U.S. 322 [Conchester Highway]. . |
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