Turner Investment Partners
is hunting for a new a director of client service. The positioned opened when William McNett
left Turner to become a senior portfolio manager and principal at newly formed Integrity Asset Management in Louisville, Kentucky. McNett had reported to Glenn Dever, Turner's director of institutional distribution.
Integrity opened its doors on July 1 and expects to open mutual funds for institutional clients, reports Pensions & Investments
. The firm will also offer separate account products.
Berwyn, Pennsylvania-based Turner is not the only firm at which Integrity found its new employees. Also losing an executive to the startup was Invesco. Shannon Burnett
, who was a marketing associate based in Invesco's Louisville office, signed on at Integrity as director of marketing. Burnett has not yet been replaced.
Also signing with Integrity was National City Investment Management portfolio manager Daniel Bandi. He takes the title of chief investment officer-value equities and principal at Integrity. Reporting to him are two senior portfolio managers (Adam Friedman and Daniel DeMonica) a portfolio manager (Bryan Tinsley) and a senior analyst (Joe Gilbert).
Integrity is reportedly still seeking a senior operations executive and a dedicated trader.
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