* Kestrel Investment Management Corp. incorrectly reported its assets under management for the Feb. 23 Money Manager Scoreboard. The firm, which has $171 million under management, would have ranked sixth in net dollar gain and third in net new domestic equity assets among managers with less than $250 million under management.
* It was reported incorrectly in the March 9 issue that Henry Cavanna, a managing director at J.P. Morgan Investment Management is retiring from the firm.
* The returns for Woodford Gayed Management's growth equity composite were incorrect in the March 9 report of PIPER managed equity accounts on both the overall and one-year growth equity charts. The firm should not have ranked among the top 10 for one-year returns. For the overall equity accounts, DePrince, Race & Zollo's small-cap equity composite, with a return of 45.2%, should have been listed in the chart showing Top 10 managers-1 year. For growth accounts, McHugh Associates Inc., which returned 39.2%, should have been listed with Top 10 managers-1 year.
* Because of a data entry error, the return for the U.S. Controlled Residual Risk Program of DSI International Management Inc. was reported incorrectly in the March 9 PIPER report. DSI's fourth-quarter return was 3.6% and its one-year return was 35.9%.
