Nov. 5, 2003 — Stock picker Bruce Bartlett, who managed two Oppenheimer mutual funds with about $2.5 billion in assets, has left the company.
An Oppenheimer spokesman had no information about Bartlett’s future plans. The fund complex said Bartlett was succeeded on the $1.6 billion Oppenheimer Growth/A (OPPSX) by Alan Gilston, and on the $847 million Oppenheimer Mid Cap/A (OMDAX) by John O’Hare. Bartlett had overseen both funds for about five years.
Gilston and O’Hare are members of Oppenheimer’s growth equity investment team, which focuses on large-cap stocks.
O’Hare joined Oppenheimer last month from Geneva Capital Management Ltd., where he helped manage more than $610 million in assets in North Track Managed Growth Port/A (PNMAX) and separately managed accounts.
This year through October, Oppenheimer Growth rose 15.4%, compared with a 23.5% gain for the average large-cap growth fund. For the same period, Oppenheimer Mid Cap was up 25.5%, versus a 31.8% rise for the average mid-cap growth fund.