The Markets February 5, 2008
Portfolio Management Shifts Announced at AIM Investments
AIM Investments has announced new management leadership for AIM Constellation Fund and AIM Technology Fund.
Reported by Nevin E. Adams
Senior portfolio manager Robert Lloyd, lead portfolio manager of AIM Summit Fund, is now lead manager of AIM Constellation Fund, replacing Lanny Sachnowitz, who has left the firm. Lloyd will be assisted on both funds by portfolio manager Ryan Amerman.
Additionally, portfolio manager Warren Tennant, who has eight years of experience as a technology analyst and most recently assisted on the portfolio management of AIM Capital Development Fund and AIM Dynamics Fund, is taking over as lead manager of AIM Technology Fund. Additionally, Tennant has been added to the technology sleeve of AIM Multi-Sector Fund, also replacing Sachnowitz.
Other Changes
According to the press release, senior portfolio manager Paul Rasplicka will now manage the domestic equity sleeve of AIM Global Aggressive Growth Fund, replacing James Birdsall, who has left the firm. Also, Lloyd will serve as interim manager of the domestic equity sleeve of AIM Global Growth Fund, replacing Kirk Anderson, who also has left the firm. The management of the international sleeves of AIM Global Aggressive Growth Fund and AIM Global Growth Fund remains intact under the leadership of AIM’s International Investment Management Unit.
The firm also noted that senior portfolio manager Juliet Ellis has been appointed chief investment officer of AIM’s Domestic Growth Investment Management Unit. She will retain her role as senior portfolio manager of AIM Small Cap Equity Fund and AIM Small Cap Growth Fund. Clay Manley, who has served as a senior equity analyst on AIM’s small-cap team, has been promoted to portfolio manager and will assist the management team of AIM Small Cap Growth Fund.