LITTLETON, Colo., June 23 /PRNewswire/ -- The National Association of Active Investment Managers (NAAIM) announced today that it has elected Renee Toth, Executive Vice President of Flexible Plan Investments Ltd., to lead the non-profit money management trade group as Chairman of the Board for 2010-2011, following her tenure as the group's President.
As NAAIM's Chairman, Toth will guide the Board's direction for the organization's growth, membership recruitment through regional meetings, services and representation of active managers in the investment industry. NAAIM is an association of some 200 registered investment advisors providing active money management services to produce favorable risk-adjusted returns for clients. Flexible Plan Investments, where Toth has been for 19 years, is one of NAAIM's founding member firms.
"I'm excited about the opportunity to lead NAAIM with the help of its board into new areas in the coming year," said Toth, who oversees Flexible Plan's trading, client services and sales and marketing operations. "With both recent and current market conditions, NAAIM has stood apart from the market debacle that has affected almost the entire investment industry," said Toth. "Active asset management has proven to be the bright star through this market retreat, and NAAIM members have the returns and happy clients to prove it."
Toth added that she plans to build on recent NAAIM initiatives, such as the forging and further development of NAAIM's Active Mutual Fund (AMF) Index and the organization's annual NAAIM Wagner Award for Advancements of Active Investment Management competition.
The National Association of Active Investment Managers or NAAIM is a non-profit trade group of nearly 200 registered investment advisor firms that collectively manage over $14 billion in assets. NAAIM member firms provide active money management services to their clients to produce favorable risk-adjusted returns as an alternative to more passive, buy-and-hold investment strategies. NAAIM publishes the weekly Survey of Manager Sentiment, the NAAIM Active Mutual Fund (AMF), and sponsors the annual Uncommon Knowledge conference along with smaller conferences on managing portfolios with ETF's, trading techniques for various instruments and markets, regulation and compliance, and other topics of interest to its membership. For more information, visit www.NAAIM.org.
About Flexible Plan
Flexible Plan Investments, Ltd., based in Bloomfield Hills, Mich., is a leading provider of risk management investment services, providing investors with competitive returns while reducing risk through the use of diversified investment products. Its Evolution Funds (All-Cap Equity, Managed Bond, Market Leaders, and Alternative Investment) are distributed through over 500 broker-dealer and registered investment advisory firms; its All-Cap Equity and Alternative Investment funds have earned Morningstar's five-star rating.
Flexible Plan provides full-service investment management for intermediary client accounts, including individual accounts, 401(k) and IRA, variable annuities and variable life, and mutual fund wrap accounts. For more information, visit www.flexibleplan.com.
SOURCE Flexible Plan Investments, Ltd.