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

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note