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Wednesday, October 4, 2000

Executive Suite Moves

Reported by Sean Hanna, Editor in Chief

AIM, Fremont and Lincoln National are among the firms that have made moves to their investment management teams in recent days.

J. Philip Ferguson has joined AIM as a its senior investment officer and member of the firm's investment policy committee, which oversees the management of all of AIM's retail mutual funds, private asset management business and subadvised portfolios. Ferguson, who was most recently a managing partner at Goodman Capital Management, will have a primary focus on the firm's equity products.

Meanwhile, Nancy Tengler has joined Fremont Investment Advisors as its new president and chief investment officer. She most recently held the same posts at Global Alliance Value Investors. She will report to David Redo, chairman and chief executive officer. Tengler is known for her application of the relative price to sales ratio (RPSR) methodology for value investing in the technology and biotechnology sectors. Until 1999, she headed the Value Equities Group for Union Bank of Switzerland (UBS) Asset Management in the New York. She is also a cofounder of Spare, Tengler, Kaplan & Bischel in San Francisco. San Francisco-based Fremont offers 11 no-load funds.

Finally, Ryan K. Brist is taking the reigns as manager for the Lincoln National Income Fund. Brist joined Lincoln subsidiary Delaware Investments in August from Conseco Capital Management.  

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