NEW YORK, July 24, 2012 /PRNewswire/ -- Integre Advisors is pleased to announce that S. Basu Mullick, "MarketWatch Mutual Fund Manager of the Year" award winner for 2006, has joined the firm as Portfolio Manager and Principal.
Mr. Mullick, whose investment career spans nearly 30 years, most recently managed over $4 billion in assets at Neuberger Berman, including both the large-cap value Partners Fund, and the mid-cap value Regency Fund. Prior to his 13 years at Neuberger, Mr. Mullick was Managing Director and Portfolio Manager at Ark Asset Management. Prior to that, he served as General Partner at Leon Cooperman's Omega Advisors.
"I am excited to join a growing firm with an open platform that supports a variety of investment styles and allows managers to focus on their portfolios," says Mullick. "Investors today are facing the dilemma of highly volatile global equity markets and Treasuries with a negative real yield. I believe my value-focused, bottom-up stock picking process can provide an attractive solution that will preserve purchasing power with less volatility than the S&P 500."
"We are delighted that such a seasoned and successful manager as Basu has chosen to join our firm," said Manny Weintraub, President of Integre Advisors. "We hold Basu in the highest regard as an investor, and think he will be a tremendous addition to our organization."
About Integre Advisors
Integre Advisors is an independent wealth advisory and institutional asset management firm based in New York, NY. Integre manages small-, large- and all-cap U.S. value equity strategies, as well as China and Global Growth equity portfolios. The firm was founded in November 2003.
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SOURCE Integre Advisors