Dreyfus Picks Disdier as New Fixed-Income Chief

The Dreyfus Corp. has chosen Paul Disdier to succeed Richard J. Moynihan, who will retire from his post as director of tax-exempt securities, in mid-July.

Processing Content

As director, Disdier will oversee the firm's $23 billion of tax exempt mutual funds, including 39 bond funds and 16 money market funds, and will take over Moynihan's role as senior portfolio manager for Dreyfus Municipal Bond Fund Inc., pending shareholder approval.

Moynihan has managed the $2.58 billion fund since its inception in 1976, when it became the first municipal bond fund to come into existence. He came to the firm in 1973 from Chase Manhattan Bank, where he had served as a vice president and division executive in charge of investment management and personal trusts.

Disdier, who has been with the firm since 1988, previously managed two national and two California municipal bond funds at Dreyfus. Neither Moynihan nor Disdier were available for comment.


For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER
Load More