MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, February 25, 1999 OppenheimerFunds Management Moves Robert C. Doll has been named Chief Investment Officer at OppenheimerFunds, Inc. and Jerry A. Webman has been promoted to senior investment officer, the company announced today. Doll will be responsible for overall direction of the company's investment organization and oversight of the underlying investment management processes. He had been the Director of Equity Investments at OppenheimerFunds since 1987 and portfolio manager of the Oppenheimer Growth Fund. "Investment excellence is our first priority at OppenheimerFunds," said Bridget A. Macaskill, president and CEO. "The appointment of Bob Doll as Chief Investment Officer is designed to further enhance our money management capability and more closely identify OppenheimerFunds as a world-class money manager. Bob's unique combination of portfolio management and market strategy make him the perfect choice for the job." Bruce Bartlett, co-manager of the Oppenheimer Total Return Fund and manager of Oppenheimer Mid-Cap Fund, will assume management of the Oppenheimer Growth Fund. Webman who had headed the company's domestic investment grade fixed income team replaces 0. Leonard Darling. Darling was recently named chief executive officer of HarbourView Asset Management, OppenheimerFunds' institutional money management arm. Management moves continue to be the theme of the week at Oppenheimer as George Long, the chairman, ceo, and cio of Oppenheimer Capital has left the firm, say PIMCO Advisors Holdings, Ltd. He is leaving to pursue personal interests, according to the Newport Beach-based PIMCO, the third-largest publicly traded fund-management company. Colin Glinsman will succeed Long as cio. Glinsman is currently a managing director at Oppenheimer and has managed the Quest Balanced Value mutual fund for the last 10 years. Printed from: MFWire.com/story.asp?s=24943 Copyright 1999, InvestmentWires, Inc. All Rights Reserved |