Turner Appoints Global Head of Client Relationships

Turner Investments appointed Carolyn Patton as global head of client relationships.

Patton is responsible for coordinating efforts to communicate the firm’s investment process, strategies, and performance to institutional clients in North America, Europe, and Asia; for directly providing service to major clients; and managing the client-service staff. She is a member of Turner’s Distribution Team and reports to James Wylie, chief marketing officer and a principal of the firm.  

Patton most recently served as senior vice president, managing director, and global head of consultant relations at Janus Capital Group. She has 19 years of experience in the investment-management industry and holds the Chartered Financial Analyst designation. She previously worked for Morgan Stanley Investment Management in London and West Conshohocken, Pennsylvania; Delaware Investment Advisers in Philadelphia; and SEI Investments in Wayne, Pennsylvania.   

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Patton earned a Bachelor of Arts in economics at the University of Virginia.

Western Asset/Claymore Funds Announce Manager Change

CIO Emeritus, S. Kenneth Leech, will no longer serve as portfolio manager for non-global portfolios.

The two funds, Western Asset/Claymore Inflation-Linked Securities & Income Fund (NYSE: WIA) and Western Asset/Claymore Inflation-Linked Opportunities & Income Fund (NYSE: WIW) will no longer be managed by Leech as of May 1.

While Leech will continue to help shape Western Asset’s overall investment strategy, his day-to-day role will be more concentrated on global portfolios, the company said. To reflect this global focus, he will continue to serve as a portfolio manager of the global funds, but not of the non-global funds.   

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As CIO, Stephen A. Walsh will remain listed as part of the portfolio management team of the funds, and the remaining named Portfolio Managers of the funds will continue in their respective roles.

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