The company has hired David Readerman to expand Forward’s incubation of new investment strategies while enriching the firm’s investment research across equity product categories, according to a company announcement. He will be lead portfolio manager for the first product he is helping Forward to develop, a global “go-anywhere” equity strategy.
In addition to developing and managing alternative investment strategies, Readerman is serving as co-portfolio manager of the Forward Small Cap Equity Fund.
Readerman joined Forward after a seven year tenure at Marsico Capital Management, where he was a senior investment analyst with research responsibilities in global equity portfolios spanning technology, energy, consumer, and industrial sectors. He was previously a founding partner with Thomas Weisel Partners Group, Inc., and earlier led the software and Internet teams at Montgomery Securities. His twenty years of sell-side experience included stints with Shearson Lehman Hutton and Smith Barney.
Readerman holds an MBA in Finance from New York University’s Leonard N. Stern School of Business.