Clark Wagner appointed President of Foresters Investment Management Company, Inc. – Investment adviser to the First Investors family of funds

“I am both excited and honored to have this opportunity to lead FIMCO,” Mr. Wagner says. “I look forward to leveraging the firm’s superb talent base and exceptional resources to position us as the investment company of choice for investors seeking to secure their financial futures. I am particularly grateful to work for an organization that prides itself on doing more than the average financial services provider – for individuals, their families and their communities.”

Under Mr. Wagner’s leadership, FIMCO will continue to respond to client needs by introducing new and innovative investment products.

“Investors today are still very cautious about the markets,” Mr. Wagner points out. “They recognize that strong active management can help mitigate downside risk, while providing meaningful returns. That is why we launched our Covered Call Strategy Fund in April and have plans to roll out additional products with similar downside protection features in the near future.”

During the past two years, FIMCO successfully launched four new mutual funds to further diversify its product lineup (Balanced Income Fund, Floating Rate Fund, Real Estate Fund and Covered Call Strategy Fund).

SOURCE Foresters