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Friday, September 24, 1999 First American Hires Research Head To Expand Index Offerings First American Asset Management, the investment management division of U.S. Bank, has formed a quantitative investment group to manage the firm's index-related investment services. The group will be headed by Walter French, who has been hired by First American as portfolio manager and director.
Doak added that French, 51, has subadvised U.S. Bank's enhanced index fund, the Index Plus Retirement Fund, since its inception in 1990, through Berkeley Quantitative Advisors (BQA), a firm he co-founded in 1987. French was chief investment officer/portfolio manager of BQA before joining First American. "We're taking Walt's successful enhanced index strategy to the next level by bringing it in-house and including it in the investment options available to our institutional clients," added Doak. Printed from: MFWire.com/story.asp?s=25047 Copyright 1999, InvestmentWires, Inc. All Rights Reserved |