General Investing >> Money Manager Interviews >> February 28, 2005

H.COHEN / R.FREEMAN – CITIGROUP ASSET MANAGEMENT

RICHARD A. FREEMAN is Managing Director and Portfolio Manager for Multi- Cap Growth Portfolios at Citigroup Asset Management. He has been fascinated by the stock market since 1966, when at the age of 13 he would sit in a local brokerage firm and watch the ticker. He has been with Smith Barney Asset Management or its predecessor firms since 1983. Today, Mr. Freeman manages multi-cap portfolios on a private portfolio basis, as well as several mutual funds, including an aggressive growth fund, for Citigroup Asset Management. Total assets managed by Mr. Freeman exceeded $19 billion as of December 31, 2004. In 1983, he joined Shearson American Express as co-Manager of an aggressive growth mutual fund. He became a Portfolio Manager for Multi-Capitalization Growth portfolios in 1991. Mr. Freeman's previous positions include Vice President for Trusts and Investments at Chemical Bank and Vice President of Research at Drexel Burnham Lambert. He received his BS in Accounting from Brooklyn College and his MBA in Finance from New York University. Profile
HARRY D. "HERSH" COHEN is Managing Director, Portfolio Manager and Chief Investment Officer at Citigroup Asset Management. He began his career at Smith Barney Inc. (or its predecessor firms) in 1969 as a Portfolio Manager. In addition to managing numerous private portfolios and retirement funds, Mr. Cohen has managed the Smith Barney Appreciation Fund, or one of its predecessors, since 1979. The Appreciation Fund has been named to the exclusive Forbes Honor Roll eight times, and is known for its value-oriented approach to growth stocks. Together with Scott Glasser, his Appreciation Style and Dividend Strategy portfolios are available in individually managed accounts as well. He also co-manages the Smith Barney Dividend and Income Fund and the Smith Barney Capital Preservation Fund. The total assets managed by Mr. Cohen exceed $12 billion as of December 31, 2004. Mr. Cohen received his BA from Western Reserve University in 1962, and a PhD in Psychology from Tufts University in 1966. Profile
TWST: Would you start with a brief overview of Citigroup Asset

Management and what your respective roles and responsibilities are

there?

Mr. Cohen: CAM is the asset management arm of Citigroup