General Investing >> Money Manager Interviews >> February 24, 2003

J.waterman/l.mccandless – Rittenhouse Nuveen Investments

LEONARD H. MCCANDLESS is a Vice President and member of the Investment Selection Committee at Rittenhouse Nuveen Investments. He shares responsibility for the firm's fixed income investment strategy. Prior to joining the firm, Mr. McCandless was employed with W.H. Newbold's Son, Inc., and the Provident Mutual Life Insurance Company. He is an Investment Consultant to the Keystone Corporation, and a member of the investment committee for the Archdiocese of Philadelphia. Mr. McCandless holds professional memberships in the Institute of Chartered Financial Analysts, the National Association of Business Economists, the Financial Analysts Federation of Philadelphia, and the Philadelphia Securities Association. Mr. McCandless is a graduate of Moravian College. Profile
JOHN P. WATERMAN is Managing Director of Rittenhouse Nuveen Investments. He leads the company's investment process and oversees all research functions for the firm. Mr. Waterman is a member of both the Executive and Investment Selection Committees. Prior to joining the firm, he was Senior Vice President and Director of Advisory Services for Howard, Lawson & Co. Mr. Waterman is a Chartered Financial Analyst. He is a graduate of Williams College and received his MA from the Fletcher School at Tufts University and his MBA from the Wharton School at the University of Pennsylvania. Profile
TWST: Let's start with your bringing us up to date on Rittenhouse

Asset Management. What is your investment philosophy?

Mr. Waterman: Rittenhouse Asset Management is a wholly owned