Podcast Center
Video Center
Webcasts
Resource Center
Events
June 05, 2003 at 08:00 PM
June 3, 2003 — Alliance Cap Mgmt Holding L.P. (AC) has appointed John Phillips Jr. to help run its portion of the Vanguard Windsor/Inv (VWNDX).
Phillips, who joins Alliance’s Marilyn Fedak, replaces Steven Pisarkiewicz, who left the company’s value-oriented Sanford C. Bernstein & Co. unit last month to become head of the BNY Asset Management, the investment arm of Bank of New York (BK).
Alliance is responsible for 25%-33% of the assets of the approximately $15 billion fund. The rest are managed by Charles Freeman and David Fassnacht of Wellington Capital Management. Vanguard, which uses outside managers to oversee many of its funds, retained Bernstein four years ago.
