From the March 2005 issue of Investment Advisor • Subscribe!

March 1, 2005

About the Manager

A 30-year veteran of the financial services industry with experience in portfolio management, research, trading, and sales, Andrew P. Pilara, Jr. has been responsible for the management of the RS Value Fund since January 2001, although he had been a member of the fund's management team for two years prior to that.

Prior to joining RS Investments in 1993, he was president of Pilara Associates, a private investment firm specializing in value investing, which he had founded in 1974. He has managed the RS Partners Fund and the RS Global Natural Resources Fund since their inceptions in July and November 1995, respectively. Pilara holds a B.A. in economics from Saint Mary's College of California

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