AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Byline: MURRAY COLEMAN
Edward Jamieson has been a professional money manager through four decades.
As chief investment officer of domestic equities at Franklin Advisers, he oversees some $80 billion in stock assets. He joined Franklin, which now has $165 billion in stock and bond fund assets, after spending nine years managing international hedging and investment strategies at PepsiCo.
In 1987, Jamieson opened Franklin's first global bond fund. It was eventually melded into an existing Templeton fund after the two firms merged in the early 1990s. In 1992, he became lead manager at $8.6 billion Franklin Small-Mid Cap Growth Fund.
Through all types of markets, the growth-minded Jamieson focuses on individual names. When he can't find many, as was the case during the three-year bear that started in 2000, he'll put some money on the sideline. In 2001, his fund held 20% of its assets in cash. Though the market has been choppy, his fund is almost fully invested now.
To find out what the veteran money manager is doing now, IBD recently caught up with Jamieson, 56, in his San Mateo, Calif., office.
IBD: How do you view markets right now?