Aronson + Johnson + Ortiz chooses Kaye

Stuart Kaye was named principal and portfolio manager at Aronson + Johnson + Ortiz, confirmed Gina Moore, spokeswoman for the firm. The position is new. Mr. Kaye was head of U.S. research in the global structured products group at Invesco. Anthony Shufflebotham, formerly senior quantitative research analyst, replaced Mr. Kaye, said Bill Hensel, Invesco spokesman.