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Article: AIM Changing 3 Funds' Names, Managers
- Article from:
- American Banker
- Article date:
- August 24, 1998
- Author:
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AIM Management Group has announced it will rename three former GT Global funds now managed in New York and put them under new management at the company's Houston headquarters.
The change will be made to take advantage of the experienced team of analysts and money managers at AIM's Houston office, a team the company feels is particularly strong in the small- and mid-cap equity area, said AIM spokesman Ivy McLemore.
Mr. McLemore said AIM is not disappointed with the funds' performance and that the changes merely play to the company's strengths.
The funds' managers in New York will continue running them until the changes take effect Sept. 8. They will ...