33. Hugh Kelly
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Friday, November 19, 2010

33. Hugh Kelly

Hugh Kelly
Harbor Funds
A well-defined focus on institional investors and the discipline to carefully-select subadvisors, including Pimco, has pushed Harbor Funds into the top 40 of fund complexes with more than $50 billion of AUM. Harbor [see profile] had less than a fifth of that amount when Kelly signed in 2002.

Harbor is one of a handful of fund shops that has thrived in the "open era" that has emerged in wake of the 1990s unbundling of asset management and distribution.

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