Ted Truscott, Zurich Scudder Investments' CIO has jumped ship to become the CIO for American Express Financial Advisors, the Minneapolis-based asset management arm of American Express, the company announced last week.

Truscott jumps ship as Scudder prepares to be sold. During his career with Zurich Scudder, Truscott first served as a portfolio manager for several of the firm's Latin American funds and later became head of the company's equity research team. Truscott was named CIO of Zurich Scudder nine months ago.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.