OppenheimerFunds’ Wilby to retire

OppenheimerFunds Inc. Wednesday said Bill Wilby will retire from the New York-based company June 30 after 16 years of service.
MAY 30, 2007
By  Bloomberg
OppenheimerFunds Inc. Wednesday said Bill Wilby will retire from the New York-based company June 30 after 16 years of service. Mr. Wilby was portfolio manager of Oppenheimer Global Fund for more than 12 years until stepping down in Sept. 2005. As leader of OppenheimerFunds’ global team from Oct. 1992 to July 2004, he built the model for the firm's team-based approach to investing and “attracted and developed some of the best investment professionals in the industry,” OppenheimerFunds said in a statement. Under his leadership, OppenheimerFunds’ global equity assets grew from about $1 billion to a more than $60 billion franchise. From July 2005 to January of this year, Mr. Wilby was director of equities, helping develop investment strategies and talent across OppenheimerFunds’ four equity teams. In October 2005, he became co-manager of Oppenheimer Capital Appreciation Fund. Marc Baylin, current co-manager of Oppenheimer Capital Appreciation, will assume the role of lead manager of that fund effective July 1. Two senior analysts recently joined OppenheimerFunds’ growth team to provide additional support on the fund, the company said. “Bill had a tremendous impact on OppenheimerFunds and his legacy is that he built one of the best equity organizations in the business,” John V. Murphy, chairman and CEO of OppenheimerFunds, said in a statement. “In his time with us, our fund shareholders have benefited from his experience, expertise and insights.”

Latest News

LPL, Raymond James boost advisor ranks anew
LPL, Raymond James boost advisor ranks anew

LPL Financial welcomes a $345 million investment and planning team from Ameriprise as RayJay's employee advisor arm adds a seasoned Well Fargo breakaway.

CFP Board CEO Keller retiring
CFP Board CEO Keller retiring

The CFP Board will be searching for a replacement for CEO Kevin Keller who will be stepping down in April 2026.

$3000 gold record in sight on Trump 2.0 fears, says Citi
$3000 gold record in sight on Trump 2.0 fears, says Citi

Citi analysts project a historic high in three months as tariff and trade war threats fuel a rush for the haven metal.

Wealth Enhancement, Corient announce new acquisitions
Wealth Enhancement, Corient announce new acquisitions

Wealth Enhancement Group officially kicks off its 2025 deal season in the Pacific Northwest while Corient extends its reach in Pennsylvania

Mercer taps LPL veteran Alisa Maute to lead advisor-client matchmaking
Mercer taps LPL veteran Alisa Maute to lead advisor-client matchmaking

Maute will oversee and expand the dedicated client development platoon that's powered record organic growth at the $69 billion RIA.

SPONSORED Taylor Matthews on what's behind Farther's rapid growth

From 'no clients' to reshaping wealth management, Farther blends tech and trust to deliver family-office experience at scale.

SPONSORED Why wealth advisors should care about the future of federal tax policy

Blue Vault features expert strategies to harness for maximum client advantage.