General Investing >> Money Manager Interviews >> December 13, 2004

D.ADAMS / J.MCPHERSON – PIONEER INVESTMENT MANAGEMENT

JOHN MCPHERSON is Vice President and Assistant Portfolio Manager at Pioneer Investment Management, Inc. He joined Pioneer in 2002 and assists in the management of the small cap value portfolios. Prior to joining Pioneer, Mr. McPherson was employed by Middleton & Company as part of a team responsible for managing equity assets for high net worth clients. Prior to Middleton, Mr. McPherson was a member of the Small Cap Team at Evergreen Investment Management in the role of an Equity Analyst. He began his career in 1990 with Pell, Rudman & Co., Inc., as an Equity Analyst covering a variety of industries spanning the market capitalization spectrum. Mr. McPherson earned his BS from Northeastern University and he is completing MBA graduate studies in Finance at Babson College. He is a Chartered Financial Analyst. Profile
DAVID M. ADAMS is Vice President and Portfolio Manager at Pioneer Investment Management, Inc. Mr. Adams joined Pioneer in 1994 and has held the role of lead manager of the Pioneer Small Cap Value funds since 2002. He previously had portfolio management responsibilities for all Pioneer small cap funds starting in 1999. Mr. Adams joined Pioneer as an Analyst covering industry segments of consumer durables and nondurables, energy, materials, special situations and transportation. Prior to joining Pioneer, Mr. Adams was a Research Associate for RCM Capital Management in San Francisco and an Analyst for both Valuation Analysts and the Bank of New England. Mr. Adams earned his BS and MSF from Boston College and is a Chartered Financial Analyst. Profile
TWST: Would you begin with an overview of Pioneer Investment Management

and the Pioneer Small Cap Value Fund?

Mr. Adams: Investing legend Philip Carret began Pioneer Investments in

1928