Kenneth Crawford Joins Previously Announced Team; American Century Investments Announces Portfolio Manager Addition to Select Team.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.--(BUSINESS WIRE)--June 18, 1999--
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. announced a portfolio manager addition to its American Century This article is about the term used for American power in the 20th century. For the investment company, see American Century Investments.
"American Century" is a term coined by Time Select Fund, effective today.
Kenneth Crawford will be co-manager, working with Chief Executive Officer 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. III and analyst Terry Foster.
Crawford has been with American Century for four years, first serving as an analyst on the Select fund and later moving to American Century Growth Fund, his most recent assignment. In addition, he has been a primary manager on two large-company funds that American Century manages for institutional investors. Before joining American Century, Crawford was an equity analyst for Texas Commerce Bank. He holds a bachelor's degree in economics and a master's in finance from the University of Wisconsin.
Stowers, who joined American Century in 1981, oversees the overall execution of all American Century domestic growth funds. He leads the company's Executive Committee and is a director of American Century Companies. Stowers will continue to provide leadership for the Ultra team, which is supported by two other managers.
Select team analyst Terry Foster, who has been on the team since 1997, continues to provide fundamental research and analysis on companies in the portfolio. Prior to joining the firm he was a credit analyst for Associated Financial Services. He holds a BS in finance and management from Southern Illinois University Southern Illinois University, main campus at Carbondale; state supported; coeducational; est. 1869, opened 1874 as a normal school, renamed 1947. It has a center for archaeological investigation and a fisheries research laboratory. There is also a campus at Edwardsville. and an MBA MBA
Master of Business Administration
Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration from Texas Christian University Texas Christian University, at Fort Worth; Christian Church (Disciples of Christ); coeducational; opened 1873 at Thorp Spring, chartered 1874 as Add Ran Male and Female College. It assumed its present name in 1902 and moved to Fort Worth in 1910. .
In addition to Foster, several of the fundamental analysts assigned to American Century's other large-cap funds, Growth and Ultra, will be assisting the Select team.
Select Fund invests in common stocks of large, established companies that exhibit accelerating growth and that pay dividends or otherwise produce income. Started in 1958 by company founder James Stowers Jr., the fund currently has $7 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. .
American Century has followed a team investment approach since the early 1980s and has greatly expanded the investment staff during the past few years, according to Stowers. "Because all of our aggressive growth teams follow the same discipline, we have experienced managers and analysts able to step into new assignments when needed," he said.
Stowers and Crawford replace outgoing Select team managers Jean Ledford and Richard Welsh. American Century Investments is a mutual fund company serving nearly 2 million individual and institutional investors. Through its broad selection of nearly 70 mutual funds, the Kansas City-based company manages approximately $88 billion in assets. James E. Stowers Jr. founded the company in 1958 and serves as chairman. His son, James E. Stowers III, is chief executive officer and William M. Lyons is president and chief operating officer Chief Operating Officer (COO)
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . For more information on company products and services, visit its Web site at www.americancentury.com.
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