Tuesday, April 24, 2007

Prominent junk fund chief Patel moves to Evergreen

(Reuters) - She will manage more than $1.7 billion across those four portfolios through a mix of equities and fixed-income securities.

Patel, who managed the Pioneer High-Yield Fund since 1999, has "long been considered one of the very best high yield managers in the business," said Scott Berry, associate director of fund analysis at Morningstar. "Her record speaks for herself but she's also one of the most thorough bottom-up bond pickers around," he added.


Read more at Reuters.com Bonds News

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