Ivy Mackenzie, investment advisor to the
Ivy Funds, has hired
Sheridan Reilly as senior vice president and chief investment officer -- international equities.
Reilly will take over as portfolio manager for the
Ivy International Fund, which Ivy is re-opening for new investment. He will replace
Hakan Castegren, manager of the fund since its inception in 1986, who has resigned.
Prior to joining Ivy, Reilly had been head of the institutional international equities team at
Scudder Kemper Investments. Reilly had been part of the management team for the
Scudder International Fund as well as manager of the
Scudder International Growth and Income Fund, the
Kemper International Growth and Income Fund and the
AARP International Stock Fund.
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