MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, March 2, 2009 A C-Level Exec Exits the Reserve More than five months after the bankruptcy of Lehman Brothers caused the Reserve Prime Fund to break the buck, a top exec is heading out. CIO Patrick Ledford confirmed to the MFWIre that he has left the Manhattan-based money fund firm.. Fund Action first reported the move, adding that Reserve has eliminated the separate position of chief investment officer. A spokesman for the Reserve declined to comment for this story. A 17-year veteran of Citigroup Asset Management, Ledford joined the Reserve as CIO in 2005. Printed from: MFWire.com/story.asp?s=20876 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |