Subscribe

Fund manager Derek van Eck, 46, dies unexpectedly

CIO of Van Eck Associates; father founded company in 1955.

Derek van Eck, chief investment officer at Van Eck Associates Corporation, died unexpectedly Wednesday night, according to a statement issued by the company.

Mr. van Eck, who was 46 years-old, also served as principal, director and was a portfolio manager of the Van Eck Global Hard Assets Fund Ticker:(GHAAX). Shawn Reynolds, who heads Van Eck’s energy investment team, and Charles Cameron, director of trading, will take over Mr. van Eck’s portfolio management duties.

The company did not disclose the cause of death, and the firm is not commenting beyond the release, said Chris Sullivan, a spokesman for Van Eck.

Mr. van Eck’s father, John van Eck, founded the company in 1955. He is survived by wife Deborah S. van Eck; two children, Willem J. van Eck and Kathryn M. van Eck; his parent; his brother Jan van Eck, who continues as principal of Van Eck Associates; and his sister-in law, Cynthia van Eck.

Related Topics:

Learn more about reprints and licensing for this article.

Recent Articles by Author

Much-anticipated site for investors good news/bad news for advisers

BrightScope's new Advisor Pages allows reps and planners to connect with potentially vast numbers of prospective clients. It also highlights rules infractions and formal complaints lodged against advisers.

Gundlach’s fast-growing startup sees nearly $6B in inflows in a year

Despite months of legal wrangling with his former employer, TCW Group Inc., it appears that Jeffrey Gundlach's move to start his own firm is paying off

Guggenheim eyes combining Claymore and Rydex, sources say

Melding of two acquired units would create seventh-largest ETF provider; 'scale business'.

Why Fairholme’s Bruce Berkowitz doesn’t want to be Carl Icahn

Given the months of controversy surrounding his role as an activist investor with The St. Joe Co., a real estate developer, iconic fund manager Bruce Berkowitz isn't so sure that he wants to play that part again.

Look who’s defending Goldman Sachs and Bank of America

Bruce Berkowitz backs the two demonized financial titans; 'ethical good guys'.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print