MutualFundWire.com: Turner Conquers a Titan
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Friday, June 22, 2001

Turner Conquers a Titan


Turner Investment Partners has made a bid for a titan: Titan Investment Advisers, that is. The firm is purchasing the Upper Marlboro, Maryland firm from the estate of president Gilbert Giordano, who died in January.

The firm manages the Titan Financial Services Fund, which consistently outperformed its peers until manager Giordano's demise. Morningstar continues to list him as manager of the fund.

In a prospectus supplement from January 31, Titan announced the liquidation of its Growth Fund. Dr. Mervin Zimmerman took over day-to-day management of the fund after Giordano's death until Harris Bretall Sullivan & Smith started sub-advising the fund.

In a recent SEC filing, Turner announced its intention to take over management of the fund and, with approval, merge it into its own financial services fund.

Related stories:
  • Turner Bolsters Sub-Advisory Biz, 06-21-01
  • Turner Taps CMO, 05-19-01
  • Time to Turnerize!, 02-23-01
  • Turner Files Adoption Papers, 02-21-01
  • Stork to Visit Turner, 02-01-01
  • PA Firm Readies For Shopping Spree, 01-25-01
  • New Legal Eagle Hints at Role, 01-22-01
  • Firm To Add Staff, 12-26-00
  • Small Bytes: ACI, Turner Launch Funds, 06-19-00
  • A Fund By Any Other Name..., 03-02-00
  • Turner Micro-Cap Closing, 02-28-00
  • Personnel Moves At Fortis and Turner, 01-24-00
  • TIP Promotions, 12-03-99


    Printed from: MFWire.com/story.asp?s=26751

    Copyright 2001, InvestmentWires, Inc.
    All Rights Reserved