ECONOMIC & BOND MARKET QUARTERLY UPDATE—Second Quarter 2009


Frank Koster, CIO

Frank Koster Joins Dwight as Chief Investment Officer

Frank Koster joined Dwight's Investment Team in June. As Chief Investment Officer, Frank oversees the management of the firm's investment strategies. Prior to joining Dwight, Frank was Co-Head of the High Grade Fixed Income Team at Wells Capital Management in Menomonee Falls, WI, where he served as lead portfolio manager for all investment-grade institutional portfolios and was responsible for portfolio construction and risk management. Frank had also served as Senior Portfolio Manager for Strong Capital Management, Head of Fixed Income at Fifth Third Bank, and focused on mortgage-backed securities at Donaldson, Lufkin & Jenrette, Merrill Lynch, and Goldman Sachs. Frank earned a Bachelor of Arts in Economics from the College of Wooster, Wooster, OH. In his spare time, Frank enjoys fly fishing, skiing, and attending his children's hockey games.

 

Dwight Completes Liftout of Neuberger Cash Management Team

Cash Management Team

Effective July 1, Dwight completed a collaborative liftout of Neuberger Berman's Cash Management Team. The eight-person team, led by industry veteran John Donohue, will be located in Dwight's new office in Boston. This team brings deep cash management expertise that broadens Dwight's capabilities as a fixed income firm. The addition of the Cash Management Team will allow Dwight to offer complete investment solutions to clients and complements our capabilities within the stable value asset class.

 

This information reflects the viewpoint of Dwight Asset Management Company LLC as of June 2009 and is subject to change. This article was prepared for general informational purposes only, without respect to the investment objectives, financial profile, or risk tolerance of any specific person or entity who may receive it. Investors should seek financial advice regarding the appropriateness of investing in any investment strategy or security discussed or recommended in this article and should understand that statements regarding future performance may not be realized. Investors should note that income, if any, from any investment strategy or security may fluctuate and that underlying principal values may rise or fall. Past performance is not necessarily a guide to future performance.
 

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