Whispers

November 17, 2008

November 17, 2008

RiverSource Investments, a unit of Ameriprise Financial, has hired Todd White as structured assets sector team leader. White will be a portfolio manager for the following retail and variable portfolio (VP) funds: RiverSource Diversified Bond Fund, RiverSource VP Diversified Bond Fund, RiverSource Limited Duration Bond Fund, RiverSource Short Duration U.S. Government Fund, RiverSource VP Short Duration U.S. Government Fund, RiverSource U.S. Government Mortgage Fund, RiverSource Balanced Fund and RiverSource VP Balanced Fund. He brings to the company over 22 years of experience in fixed-income investing, specializing in MBS, ABS and interest rate trading. Before joining RiverSource Investments, White was managing director and global head of MBS and ABS as well as North American head of interest rate trading at HSBC. Before that, he spent 18 years at Lehman Brothers, most recently as managing director and head of the residential mortgage and option businesses.

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