FETES RETURNS TO CONSECO CAPITAL MANAGEMENT AS ASSISTANT VICE PRESIDENT, SENIOR SECURITIES ANALYST BUSINESS EDITORS CARMEL, IND.--(BUSINESS WIRE)--SEPT. 25, 2000--CONSECO, INC. (NYSE:CNC) CONSECO
--------------------------------------------------------------------------------
CARMEL, Ind.--(BUSINESS WIRE)--Sept. 25, 2000--Conseco, Inc.
(NYSE:CNC.N)
Conseco Capital Management, Inc. (CCM) announced today that
Christopher L. Fetes, CFA, has rejoined the firm as an assistant vice
president and senior securities analyst following a three-year hiatus
at PricewaterhouseCoopers LLP (PWC).
He will specialize in the retail and food/beverage sectors,
reporting to William Lissenden, vice president and director of
research.
Fetes previously worked at CCM from 1996 to 1997 as a securities
analyst responsible for research supporting investment-grade and
high-yield investments in restaurant, beverage and specialty apparel
companies. He also managed $66 million in high-yield investments held
within these sectors. While at PWC, Fetes was a principal consultant
in the firm's Global Business Advisory Services practice, providing
business valuation supporting mergers, acquisitions, retail product
design and strategic planning for investment management clients. He
began his career with the securities lending group at The Northern
Trust Company where he analyzed lending opportunities in emerging
economies and launched a night-trading program.
"Chris is a very sharp retail analyst and well-versed in CCM's
proprietary bottom-up research and total return-driven investment
process," said Lissenden. "He will provide our portfolio management
teams with valuable product insights and comprehensive financial data
that will enable them to make astute investment decisions on companies
operating in these sectors." Fetes was graduated cum laude from the
University of Florida in 1990 with a bachelor's degree in business
administration (finance). In 1996, Fetes earned a master's degree in
business administration (finance) from Indiana University where he
also served as a graduate assistant and was a member of the Investment
Management Academy.
A Chartered Financial Analyst (CFA), Fetes is a member of the
Association for Investment Management and Research (AIMR) and the
Investment Analyst Society of Chicago.
Formed in 1981, CCM is an independent, wholly owned subsidiary of
-- and the investment adviser for -- Conseco, Inc. (NYSE:CNC.N), as well
as the investment adviser for Conseco Fund Group (CFG).
CCM also serves as the fixed-income and equity investment adviser
covering a wide range of asset classes for more than 200 institutional
clients including: endowments, corporate and government pension funds,
Taft-Hartley pension funds, hospitals, insurance companies, religious
organizations and high-net-worth individuals. As of June 30, CCM had
more than $35 billion in taxable and non-taxable assets under
management.
CFG offers a family of eight actively managed mutual funds through
more than 180 national and regional broker-dealers. The CFG fund
family includes the: Conseco Science & Technology Fund, Conseco 20
Fund, Conseco Equity Fund, Conseco Large-Cap Fund, Conseco Convertible
Securities Fund, Conseco Balanced Fund, Conseco High Yield Fund and
Conseco Fixed Income Fund. CFG mutual funds are distributed through
Conseco Equity Sales, Inc., member NASD, a wholly owned subsidiary of
Conseco, Inc. For more information regarding CFG mutual funds, please
obtain a prospectus through your financial advisor and read it
carefully before you invest or send money.
--30--jsw/clv*
CONTACT: Conseco Capital Management, Inc.
Craig Andrews, 317/817-6817
KEYWORD: INDIANA ILLINOIS FLORIDA
INDUSTRY KEYWORD: BANKING INSURANCE MUTUAL FUNDS MANAGEMENT
CHANGES
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com
Copyright 2000, Business Wire |
