AIM Management Group, Houston, has hired two former executives of Van Kampen American Capital to help manage two of its mutual funds.
Evan G. Harrel, who came directly from Van Kampen, beccame a senior portfolio manager for the $15.8 billion AIM Value Fund, sharing management responsibility with Joel Dobberpuhl, who has run it since 1992.
Stephen L. Boyd left Van Kampen on Feb. 3 after the fund he managed was sold to Travelers Group. He is now a senior portfolio manager for the $512 million AIM Global Growth Fund. Mr. Boyd will be a spokesman and "point man" for the fund and will be in charge of its domestic part.
The two joined AIM this month. A spokesman said their hiring does not reflect disappointment with the funds' performance or with those who have been managing them, who retain their jobs.
"As the funds grow and as AIM grows, we just need to have more quality managers," the spokesman said.
AIM manages about $89 billion of assets.