Munder Capital Management Names Tony Dong Vice Chairman.BIRMINGHAM, Mich. -- Munder Capital Management, a leading money management firm with more than $28 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. , announced today that Tony Y. Dong has been named Vice Chairman. Dong will continue to actively oversee Munder's mid-capitalization core growth and mid-cap/small-cap blend (SMID SMID Smith-Midland Corporation (OTC stock symbol) SMID Strategic Management and Innovations Division (US Army) SMID Switch Measure Identifier ) disciplines and remains the lead manager of Munder's Mid-Cap Core Growth Fund, consistently among the top-ranked funds in its class. Dong also will continue to serve as the lead manager of the Munder Small-Mid Cap Fund and co-manager of the Munder Asset Allocation Fund asset allocation fund An investment company that varies the proportion of its portfolio devoted to stocks, bonds, and money market securities in order to reduce the variability of returns and to take better advantage of different segments of the securities - Balanced. In addition to his investment management responsibilities, Dong is a member of Munder Capital's Executive, Operating and Product Policy committees, and a director of the firm's parent company. He was also a key participant in the eight-person management team that successfully orchestrated the management-led buyout in August 2006. "Although Tony is best known as the senior investment strategist responsible for the success of our mid-capitalization core growth discipline, his significant contributions to Munder Capital's growth and evolution go far beyond his money management responsibilities," said Munder Capital CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. John Adams. "Tony's appointment as Vice Chairman formally acknowledges the instrumental role he has played for several years." Dong, 46, joined Munder Capital in 1988 as a portfolio manager for the firm's Growth at a Reasonable Price (GARP (General Attributes Registration Protocol) A standard for registering a client station into a multicast domain. See 802.1p. GARP - A graphical language for concurrent programming. ["Visual Concurrent Programmint in GARP", S.K. ) investment discipline. He was subsequently promoted to Senior Portfolio Manager in 1994 and then to Managing Director, Mid-Cap Equity last year. Earlier in his career, Dong was an equity securities analyst and portfolio manager for institutional accounts at Manufacturers National Bank of Detroit The National Bank of Detroit (NBD) was a bank that operated mostly in the Midwestern United States.It was co-founded by Ben Young, the brother of famed fly rod builder Paul H. Young; Ben was President and Vice President of the bank in the 1930's -1940's. . He earned his B.B.A. (with distinction) from the University of Michigan (body, education) University of Michigan - A large cosmopolitan university in the Midwest USA. Over 50000 students are enrolled at the University of Michigan's three campuses. The students come from 50 states and over 100 foreign countries. and his M.B.A. in finance from Wayne State University Wayne State University, at Detroit, Mich.; state supported; coeducational; established 1956 as a successor to Wayne Univ. (formed 1934 by a merger of five city colleges). . Dong is a member of the Investment Analysts Society of Detroit and the CFA Institute. About Munder Capital Management Munder Capital, headquartered in Birmingham, Michigan with 185 employees, is a well-known asset manager. The firm provides investment advisory services to an extensive range of institutional clients including corporate, charitable, public, Taft-Hartley and insurance investors, as well as high net worth individual investors. Munder Capital offers both equity and fixed income products to these investors through mutual funds and separate accounts. As of 6/30/07, Munder Capital had $29.6 billion in assets under management. |
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