Business & Finance
Business and Finance
Business and Finance
Wed, December 15, 2010 The Gabelli Asset Fund Adds Christopher J. Marangi as Associate Portfolio Manager
RYE, N.Y.--([ BUSINESS WIRE ])--GAMCO Investors, Inc. (NYSE:GBL) has named Christopher J. Marangi as an Associate Portfolio Manager to The Gabelli Asset Fund, the first open-end fund organized by Gabelli Funds, LLC in March 1986. Mr. Marangi joins Mario J. Gabelli and Kevin V. Dreyer, on the portfolio management team, to manage a portion of the assets of the Fund.
"We are delighted to have Chris work on The Gabelli Asset Fund. Chris has made outstanding contributions in his role as an Associate Portfolio Manager of The Gabelli Value Fund and The Gabelli Global Multimedia Trust. We look forward to him directly contributing investment ideas to The Gabelli Asset Fund."
Commenting on the appointment, Mr. Gabelli said, aWe are delighted to have Chris work on The Gabelli Asset Fund. Chris has made outstanding contributions in his role as an Associate Portfolio Manager of The Gabelli Value Fund and The Gabelli Global Multimedia Trust. We look forward to him directly contributing investment ideas to The Gabelli Asset Fund.a
Mr. Marangi joined Gabelli & Company, Inc. in 2003 as an analyst, and currently leads the digital research team covering the global media and telecommunications industries. He graduated magna cum laude and Phi Beta Kappa from Williams College and holds an MBA from Columbia University Graduate School of Business.
GAMCO Investors, Inc. (NYSE: GBL), through its subsidiaries, manages assets of private advisory accounts (GAMCO), mutual funds and closed-end funds (Gabelli Funds, LLC), and partnerships and offshore funds (Investment Partnerships) and is known for its Private Market Value with a Catalysta" style of investment. As of September 30, 2010, GAMCO Investors, Inc. had $ 29.5 billion in assets under management.
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