Hedge Fund Founder Returns To Mutual Fund Fold

Feb 20 2009 | 1:01am ET

Hedge fund manager David Glancy has joined mutual fund firm Putnam Investments.

Glancy has closed his hedge fund, Andover Capital Advisors. At Putnam, he will serve as managing director and portfolio manager, and has brought four analysts with him.

Glancy is no stranger to the mutual fund world, as a one-time star trader for Fidelity Investments.

“This is familiar territory for David,” Putnam CEO Robert Reynolds said. “He is a master at uncovering diamonds in the rough and has a strong record of generating superior returns for clients.”


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...