CONSHOHOCKEN, Pa., Jan. 13 /PRNewswire-FirstCall/ -- Gartmore Global Investments today announced the hiring of Andrew Kauth as a health-care equities analyst supporting the company’s health-care equity investment strategies. Reporting to Senior Portfolio Manager Paul Cluskey in the company’s San Diego office, Mr. Kauth will focus his efforts largely on the pharmaceuticals sector of the industry.
Mr. Kauth joins Gartmore from Itros Capital Management, LLC, a dedicated health-care hedge fund manager, where he worked since 2001. Prior to Itros, Mr. Kauth spent four years as a vice president in health-care institutional sales at Prudential Securities. He also was a vice president with Vector Securities International, which was the largest investment banking firm focused exclusively on health-care and life sciences. Mr. Kauth received his bachelor of science degree in business administration from the University of Wisconsin.
“The investment potential of the health-care and health-sciences businesses is considerable,” said Mr. Cluskey. “The factors that influence the fortunes of companies in the industry are complex and ever-changing. We’re delighted that Andrew Kauth is bringing his expertise to Gartmore’s health- care investment practice to help us enhance the opportunities for our investors.”
Gartmore Global Investments (GGI) leads the U.S. component of Gartmore Group, the global asset management arm of Nationwide(R). Gartmore Group encompasses a unified investment platform with more than 185 portfolio managers, analysts and traders supported by a professional staff of more than 800.
The affiliated advisers that comprise Gartmore Group collectively manage more than $77 billion (1) in nontaxable and taxable assets. Gartmore Group’s clients include individuals as well as institutions such as corporate and public pension plans, foundations, endowments, mutual fund companies and insurance companies.
Formed in 1999 and based outside Philadelphia, GGI works in concert with the other affiliated Gartmore Group investment advisers situated in the United States (2). Together they have more than $39 billion (1) in assets under management. These affiliates maintain investment management and marketing operations in Conshohocken, Pa.; Columbus, Ohio; Detroit, Mich.; and Portland, Ore.
Based in London, Gartmore Investment Management plc (GIM) is Gartmore Group’s flagship international component. GIM, formed in 1969 and acquired by Nationwide in 2000, has investment management and marketing operations in Scotland, Jersey (Channel Islands), Spain, Germany, Italy, Sweden and Japan.
The following asset management affiliates conduct business under the trade name “Gartmore Group:"
Gartmore Capital Management Ltd (3) Gartmore Fund Managers Ltd (3) Gartmore Global Partners (2, 3) Gartmore Investment Ltd (3) Gartmore Japan Ltd (3) Gartmore Morley Capital Management, Inc. (2) Gartmore Mutual Fund Capital Trust (2, 4) Gartmore SA Capital Trust (2, 4) Gartmore Separate Accounts, LLC (2) NorthPointe Capital(R) LLC (2) 1. As of Sept. 30, 2004. 2. These are SEC-registered advisers based in the United States. 3. These advisers are subsidiaries of Gartmore Investment Management plc, which ultimately reports to Nationwide(R). 4. Together, these advisers do business as Gartmore Global Investments. Additional information can be found online: http://www.gartmore.us/.
Nationwide(R) is a federally registered service mark of Nationwide Mutual Insurance Company.
NorthPointe Capital(R) is a federally registered service mark of Gartmore Global Investments, Inc.
Gartmore Funds distributed by Gartmore Distribution Services, Inc., Member NASD, 1200 River Road, Suite 1000, Conshohocken, PA 19428
CONTACT: Edward Dunn
484.530.1390
Gartmore Global Investments
CONTACT: Edward Dunn for Gartmore Global Investments, +1-484-530-1390
Web site: http://www.gartmore.us/