RS Investments (RS), a San Francisco-based investment management firm, announced that Kevin Booth, CFA, has been named co-portfolio manager RS Investment Trust-RS High Yield Bond Fund. He joins co-portfolio managers Marc Gross and Howard Most on the fund.
Prior to this, Mr. Booth was a managing director at BlackRock/Merrill Lynch Investment Managers and was co-head of BlackRock’s leveraged finance business through January 2009, specializing in portfolios consisting of leveraged bank loans, high yield bonds, and distressed obligations. He had managed closed-end and open-end high-yield funds. -Business Wire
