Management

P. Parker Phillips, CFA has more than 27 years of investment experience. From 1997 to 1999, Mr. Phillips worked as an equity research associate at Schroders in New York, during which time he covered the broadlines retailing industry. Mr. Phillips has also worked as an equity research associate at J.P. Morgan Securities (1996-1997) and Credit Suisse First Boston (1995). Mr. Phillips graduated from Stanford University with a Bachelor of Arts (BA) degree in History and English in 1989. He also holds Master of Business Administration (MBA) and Master of International Affairs (MIA) degrees from Columbia University, from which he graduated in 1997. Mr. Phillips has also earned the Chartered Financial Analyst (CFA) designation. Mr. Phillips is a member of the New York Society of Security Analysts (NYSSA) and the CFA Institute.