BERWYN, Pa.--(BUSINESS WIRE)--
The Turner Funds today announced that Stephen J. Negrotti, President and Chief Executive Officer of Turner Investments, L.P., investment manager to the Funds, has been named President of the Turner Funds and elected to its Board of Trustees. He will work closely with the three independent trustees, Alfred Salvato, Janet Sansone and John Wholihan, in setting and managing the overall direction of the Turner Funds and protecting Fund shareholder interests.
"With decades of investment management industry experience and in-depth understanding of Turner Investments' culture, Steve will provide steady and strong leadership for Turner Funds going forward," said Robert E. Turner, co-founder, Chairman and Chief Investment Officer of Turner Investments. "Our investment team is committed to outstanding performance and the rigorous investment process we've honed since our inception. Right now, we're excited about the extraordinary level of innovation we see across all industries and the number of growth investment opportunities available. I believe the pendulum is swinging back in favor of growth investing."
Mr. Negrotti has 40 years of finance and administration experience. He joined Turner in April 2014. Previously, he was a Partner at Ernst & Young LLP serving as an Office Managing Partner, coordinating services to financial industry clients, and most recently acting as an advisor in their Global Private Equity practice in New York. He earned his MBA in Finance from Drexel University and a Bachelor's degree in Accounting from The Pennsylvania State University.
About Turner Investments and the Turner Funds
Berwyn, Pennsylvania-based Turner Investments is an employee-owned investment-management firm founded in 1990 that manages equity investments for institutions and individuals, including the Turner Funds.
The Turner Funds are distributed by Foreside Fund Services, LLC, Portland, ME. The investor should consider the investment objectives, risks, charges and expenses carefully before investing. This information can be found in the prospectus. A free summary or statutory prospectus, which contains detailed information, including fees and expenses, and the risks associated with investing in this fund, can be obtained by calling 800.224.6312 or by visiting www.turnerinvestments.com/fundinfo. Read the prospectus carefully before investing. Past performance is no guarantee of future results. Mutual fund investing involves risk, including potential loss of principal. This communication should not be considered an offer to provide any product or service in any jurisdiction that would be unlawful under the securities laws of that jurisdiction.
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