General Investing >> Money Manager Interviews >> June 15, 2009

A Comprehensive Approach To Asset Management – Eric M. Teal – Capital Management Group

Teal, Eric M.
ERIC M. TEAL is Chief Investment Officer of the Capital Management Group at First Citizens Bank, a position he has held since the start of 2003. His responsibilities include the investment management and oversight of approximately $7 billion in assets under management. He oversees asset allocation, overall investment strategy, and equity and fixed income portfolio management for the bank and its clients. He is responsible for actively conducting and overseeing research and management of the Structured Equity investment products. Prior to joining First Citizens, he served as Director of Equities, managing active investment strategies for Wachovia's mutual fund company, Evergreen Investments. He began his career responsible for the management and oversight of the quantitative index and enhanced index products for Evergreen. Mr. Teal received his BA degree in Economics and International Studies from Rhodes College and his MBA in Finance from the University of Memphis, where he received a scholarship in the area of Investments and Finance. He also attended the London School of Economics. He is frequently seen and quoted in the media on the markets and investing and is a guest speaker at many seminars around the country on topics facing the institutional investor. Profile
TWST: Would you start with an overview of Capital Management Group and your

investment philosophy?

Mr. Teal: We are the investment division of First Citizens Bank, headquartered

in Raleigh,