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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
May 24, 2002 at 08:00 PM
May 21, 2002 — Standard & Poor’s reaffirmed its Select Fund designation for SSgA:Growth and Income Fund (SSGWX), citing confidence in the fund’s new team and its commitment to a disciplined investment process.
The fund had been placed on a Select Fund watch list in October 2001 following the departure of its lead manager, Emerson Tuttle.
Since Tuttle’s departure, a team approach has been adopted, led by Kimberly Gluck, CFA, and two experienced portfolio managers have been added to the group.
Standard & Poor’s noted that the new team “continues to use the same disciplined investment process instilled by (Tuttle) but has eliminated the reliance on any individual for investment decisions.
Standard & Poor’s said it expected the fund would benefit from the combined resources of the team’s seasoned managers, analysts and strategists, adding that it believed the team is “focused on understanding the risk characteristics at a stock, industry and portfolio level, while emphasizing control of risk through diversification.”
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