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KEMPER FINANCIAL SERVICES APPOINTS STEPHEN DEXTER TO LONDON POST

   KEMPER FINANCIAL SERVICES APPOINTS STEPHEN DEXTER TO LONDON POST
    CHICAGO, Nov. 6 /PRNewswire/ -- Kemper Financial Services, Inc. (KFS) today announced that Stephen P. Dexter, a vice president and analyst in its Chicago headquarters, would be moving to London to more closely cover the international companies that he follows.  The announcement was made by Gordon P. Wilson, KFS senior vice president and director of Kemper's international equity investments, who said that Dexter would be located in London as of Jan. 1, 1992.
    "Stephen's assignment is part of a major effort we have undertaken at Kemper Financial to put our geographic investment experts closer to the companies and markets that they cover," Wilson said.  "Unlike some of our competitors, however, our analysts will not merely be working in locations that are geographically convenient, but countries where correlations between economies are very high," he said.  "For example, Stephen Dexter will be responsible for the United Kingdom, New Zealand and Australia, countries where there are similarities in accounting practices and business styles, as well as strong currency links."
    Dexter, an analyst who has tracked such industries as airlines, aerospace, defense electronics and telecommunications for KFS, will also be expanding his responsibilities to cover South Africa -- an area where KFS does not presently own investments, but that could present the firm with opportunities in the future.  He is one of four individuals responsible for managing the $190 million Kemper International Fund, which invests primarily in the equity securities of companies in foreign countries.
    In June, Dexter was named by Institutional Investor as one of the "best of the buy side," part of a select group of analysts identified for their outstanding work at institutions.  Dexter, who joined Kemper in 1986, also appeared on the magazine's "best" list in 1989, the last time the list had been published.
    Wilson said Dexter would be based at the offices of KFS' London subsidiary, Kemper Investment Management Company Limited (KIMCO). KIMCO, which was established in 1989, is primarily responsible for Kemper's non-U.S. fixed income investments.  KIMCO currently manages over $1.3 billion in assets.
    Kemper Financial Services is one of three financial services operating units of Kemper Corp. (NYSE: KEM).  The other two financial services units are Kemper Securities Group, Inc., and Kemper Investors Life Insurance Company (KILICO).  KFS currently has over $62 billion in assets under management.  Kemper Corp. is a non-operating holding company with major subsidiaries in property casualty insurance, life insurance, reinsurance and investment services.
    -0-             11/6/91
    /CONTACT:  Martin Gawne, 312-845-1905 or Steve Radis, 312-917-8393, both of Kemper Financial Services/
    (KEM) CO:  Kemper Financial Services Inc.; Kemper Corp. ST:  Illinois IN:  FIN SU:  PER CK -- NY033 -- 1612 11/06/91 10:48 EST
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Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 6, 1991
Words:450
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