04.02.2008 23:21:00
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AIM Investments(R) Announces New Management Leadership to AIM Constellation Fund and AIM Technology Fund
AIM Investments announced today new management leadership for AIM
Constellation Fund and AIM Technology Fund and new leadership for the
domestic equity sleeves of AIM Global Aggressive Growth Fund and AIM
Global Growth Fund.
Senior portfolio manager Robert Lloyd, lead portfolio manager of AIM
Summit Fund, is now lead manager of AIM Constellation Fund. Mr. Lloyd
will be assisted on both funds by portfolio manager Ryan Amerman. Mr.
Lloyd replaces Lanny Sachnowitz.
Portfolio manager Warren Tennant, who has eight years of experience as a
technology analyst and most recently assisted on the portfolio
management of AIM Capital Development Fund and AIM Dynamics Fund, is now
lead manager of AIM Technology Fund. Mr. Tennant also has been added to
the technology sleeve of AIM Multi-Sector Fund. Mr. Tennant replaces Mr.
Sachnowitz.
Senior portfolio manager Paul Rasplicka will now manage the domestic
equity sleeve of AIM Global Aggressive Growth Fund, replacing James
Birdsall. Also, Mr. Lloyd will serve as interim manager of the domestic
equity sleeve of AIM Global Growth Fund, replacing Kirk Anderson. The
management of the international sleeves of AIM Global Aggressive Growth
Fund and AIM Global Growth Fund remains intact under the leadership of
AIM’s International Investment Management Unit.
Mr. Sachnowitz, Mr. Birdsall and Mr. Anderson have left the firm.
In addition, senior portfolio manager Juliet Ellis has been appointed
chief investment officer of AIM’s Domestic
Growth Investment Management Unit. Ms. Ellis has more than 25 years of
industry experience, including more than 20 years as an analyst and
portfolio manager. Ms. Ellis will retain her role as senior portfolio
manager of AIM Small Cap Equity Fund and AIM Small Cap Growth Fund. Clay
Manley, who has served as a senior equity analyst on AIM’s
small-cap team, has been promoted to portfolio manager and will assist
the management team of AIM Small Cap Growth Fund.
"We believe these leadership changes add to
our momentum in building greater marketplace recognition and added
confidence in our well-defined, clearly articulated and repeatable
investment processes,” said Philip Taylor,
Senior Managing Director and Head of Invesco’s
North American retail business, including AIM Investments. "Part
of the strength of our investment culture lies in the continuous
development of talent from within our firm.”
AIM Investments is dedicated to building solutions for its clients with
exceptional products and services through multiple investment management
styles and a broad range of investment portfolios –
mutual funds, exchange-traded funds, retirement products, separately
managed accounts for high-net-worth and institutional investors,
annuities, cash management, college savings plans and offshore products.
For more information, visit www.aiminvestments.com.
AIM Investments® is
a registered service mark of A I M Management Group Inc.
A I M Advisors, Inc., A I M Capital Management, Inc., AIM Private Asset
Management, Inc. and PowerShares Capital Management LLC are the
investment advisors for the products and services represented by AIM
Investments; they each provide investment advisory services to
individual and institutional clients and do not sell securities. Invesco
Institutional (N.A.), Inc., Invesco Senior Secured Management, Inc.,
Invesco Global Asset Management (N.A.), Inc., AIM Funds Management Inc.,
Invesco Asset Management Limited, Invesco Asset Management (Japan)
Limited and Invesco Hong Kong Limited are affiliated investment advisors
that serve as the subadvisor for some of the products and services
represented by AIM Investments. A I M Distributors, Inc. is the
distributor for the retail mutual funds and U.S. institutional money
market funds represented by AIM Investments and the exchange-traded
funds managed by PowerShares Capital Management LLC, and is the
subdistributor for the STIC Global Funds represented by AIM Global. All
of these entities are indirect wholly owned subsidiaries of Invesco Ltd.
About Invesco
Invesco is a leading independent global investment management company,
dedicated to helping people worldwide build their financial security. By
delivering the combined power of our distinctive worldwide investment
management capabilities, including AIM, Atlantic Trust, Invesco,
Perpetual, PowerShares, Trimark, and WL Ross, Invesco provides a
comprehensive array of enduring investment solutions for retail,
institutional and high net worth clients around the world. Operating in
20 countries, the company is listed on the New York Stock Exchange under
the symbol IVZ. Additional information is available at www.invesco.com.
Note to editors -- We are required to include the following
information with our news release:
Foreign securities have additional risks including exchange rate
changes, political and economic upheaval, the relative lack of
information, relatively low market liquidity and the potential lack of
strict financial and accounting controls and standards. Additionally,
investing in a fund that invests in smaller companies involves risks not
associated with investing in more established companies, such as
business risk, stock price fluctuations and illiquidity.
Consider the investment objectives, risks, and charges and expenses
carefully before investing. For this and other important information
about any AIM fund, please obtain a prospectus from your financial
advisor and read it carefully before investing.
A I M Distributors, Inc.
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