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Fund Times

ICAP's Lyon Dies

Former International Stock Manager of the Year did right thing for fundholders.

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On Thursday, ICAP Funds informed clients that Rob Lyon has died. Lyon was CEO of ICAP and lead manager of Mainstay ICAP Select (ICSLX), Mainstay ICAP Equity (ICAEX), and  Mainstay ICAP International (ICEUX).

ICAP said that Jerry Senser has been named ICAP's chief executive officer and will serve as lead portfolio manager for all of ICAP's investment strategies. Senser has been with ICAP since 1986 and has comanaged the firm's portfolios and investment team for a number of years.

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Russel Kinnel does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.