SALT LAKE CITY--(BUSINESS WIRE)--Wasatch Advisors announced today that Thor Kallerud has been named the firm’s Director of U.S. Equity Research.
“On both a professional and personal level, we’ve known Thor for nearly 20 years”
Mr. Kallerud comes to Wasatch Advisors from Stifel Financial Corp., where he was a managing director in institutional sales. Prior to Stifel Financial, Mr. Kallerud was a founding partner of Thomas Weisel Partners, which Stifel acquired in 2010. He began his financial career in 1995 at Montgomery Securities.
From 1989 to 1995, Mr. Kallerud was a men’s coach for the U.S. Ski Team, including the men’s alpine head technical coach from 1990 to 1995 and a two-time Olympic men’s coach. He was born and raised in Kongsberg, Norway. Mr. Kallerud came to Utah in 1981 to study and ski race at the University of Utah, where he earned an undergraduate degree in Engineering. He also holds a Master’s Degree in Engineering from the University of California, Berkeley.
“On both a professional and personal level, we’ve known Thor for nearly 20 years,” said Jeff Cardon, Chief Executive Officer of Wasatch Advisors. “Thor brings an in-depth knowledge of companies and markets, combined with a talent for creating structures that help investment professionals do their jobs more effectively. I’m excited to have Thor help me manage our talented and growing team of analysts and portfolio managers. Thor is an additional valuable resource in our pursuit to continually improve our research process.”
About Wasatch Advisors®
Wasatch Advisors is the investment manager to the Wasatch Funds, a $12.4 billion family of no-load mutual funds, as well as separately managed institutional and individual portfolios. Wasatch Advisors pursues a disciplined approach to investing, focused on bottom-up, fundamental analysis to develop a deep understanding of the investment potential of individual companies. The portfolio managers employ a uniquely collaborative process to leverage the knowledge and skill of the entire Wasatch Advisors research team in making investment decisions. Wasatch Advisors is an employee-owned investment advisor founded in 1975 and headquartered in Salt Lake City, Utah. The firm had $17.3 billion in assets under management as of July 31, 2013. Wasatch Advisors, Inc. is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940.
RISKS AND DISCLOSURES:
Mutual fund investing involves risks and loss of principal is possible.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, containing this and other information, visit www.WasatchFunds.com or call 800.551.1700. Please read it carefully before investing.
Separately managed accounts and related investment advisory services are provided by Wasatch Advisors, Inc., a federally regulated investment advisor.
© 2013 Wasatch Funds. All rights reserved. Wasatch Funds are distributed by ALPS Distributors, Inc. (ADI). Steve Rung is a registered representative of ADI. ADI is not affiliated with Wasatch Advisors, Inc.