People Moves

GAMCO Hires Associate Portfolio Manager

Eliane Chavagnon, Reporter, 28 September 2012

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New York-listed GAMCO Investors has appointed Jeffrey Jonas as an associate portfolio manager for the Gabelli Asset fund.

Effective from October 1, Jonas joins portfolio manager Mario
Gabelli, manager of the fund since its inception in 1986, and associate
portfolio managers Kevin Dreyer and Christopher Marangi.

The Gabelli Asset fund is a diversified
open-end investment company investing in primarily common and preferred stocks
with $2.8 billion in total net assets.

Jonas started his career with Gabelli
& Company in July 2003 as a research analyst covering the healthcare
sector. In 2007 he was
named an associate portfolio manager of the Gabelli Healthcare & WellnessRx
Trust and in April of this year was hired as a portfolio manager of the Gabelli
Dividend & Income Trust.

As of June 30, GAMCO Investors had $35.7
billion in assets under management.

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