MONTPELIER, VT- August 19, 2013 – National Life Group announced today that Thomas H. Brownell, CFA, has been appointed president and chief executive officer of Sentinel Asset Management, Inc.
Mehran Assadi, the president and chief executive officer of National Life Group, said that Brownell “is the right person to lead Sentinel at this critical point in its history.”
“His credentials as an investment professional give him a unique perspective on how we can best position Sentinel to succeed in today’s competitive environment,” said Assadi.
Brownell, who joined National Life Group in 1992 and has been chief investment officer since 2005, replaces Christian Thwaites, who stepped down in June after eight years as Sentinel’s president and CEO.
“Sentinel has a storied history in the asset management industry,” said Brownell, noting that the Sentinel Common Stock Fund is one of the oldest funds in the industry, dating back to 1934. “Sentinel’s history, its long-term performance, its commitment to sound investment management principles and its quality shareholder services add up to a mutual fund family with a bright future.”
“I am honored and excited to work with our talented portfolio managers, and distribution and operations teams in serving our shareholders,” Brownell said.
Assadi said that Brownell will continue as National Life Group’s chief investment officer and that he has been promoted to an executive vice president of National Life Group.
In the past 21 years Brownell has held a number of positions within what was formerly National Life Investment Management Company and later became Sentinel Asset Management, Inc.
Prior to being named chief investment officer in 2005, he held positions including corporate bond portfolio manager and head of the fixed income group. As CIO, Brownell is responsible for setting the investment strategy and asset allocation for the Group’s investment portfolios. He also chairs the Investment Transaction, Asset Allocation and Investment Risk Management committees.
Before joining National Life Group, Brownell was an associate in GE Capital's Corporate Finance Group in Stamford, Connecticut. He earned his CFA designation in 1994, his undergraduate degree at Bowdoin College, and a MBA from Babson Graduate School of Management.
About Sentinel Investments
Sentinel offers mutual funds, retirement plan solutions and institutional investment management. Our managers are united by the common belief that well-defined, repeatable investment processes grounded in fundamental research have the potential to deliver solid, consistent results over time. Each discipline has its own dedicated research team, adding an additional level of market insight and objective perspective.
Headquartered in Montpelier VT, Sentinel Investments’ assets under management totaled more than $26.3 billion, including over $7.1 billion across 14 Sentinel mutual funds, as of June 30, 2013. Learn more at www.sentinelinvestments.com.
National Life Group® is a trade name representing various affiliates, which offer a variety of financial service products. All companies referenced are affiliated.
Sentinel Investments® is the unifying brand name for Sentinel Financial Services Company, Sentinel Asset Management, Inc., and Sentinel Administrative Services, Inc. Sentinel Funds are distributed by Sentinel Financial Services Company, Member FINRA, One National Life Drive, Montpelier, Vermont 05604.
Sentinel Funds are sold by prospectus. For more complete information, including charges and expenses, please request a prospectus from your registered representative or call (800) 233-4332. Please consider a fund's objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the fund and is available from your advisor or Sentinel. Please read the prospectus carefully before you invest.
Contact: Chris Graff, vice president-communications, National Life Group, at [email protected] 802-229-3882
Investment return and principal value in any of the Funds will vary so that you may have a gain or loss when you sell shares.