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Industry Moves

J. Alan Reid, Jr. has been named president of Forward Funds of San Francisco. Reid was also appointed president of Webster Investment Management, which sponsors the Forward Funds. Previously, Reid was senior vice president and principal with Morgan Stanley Dean Witter of New York.

Nancy Tengler has been elected CEO of Fremont Investment Advisors of San Francisco. Tengler joined Fremont last year as its president and chief investment officer.

Mark Adams has been named manager of retail marketing at Rydex Funds of Rockville, Md. Previously, Adams was director of institutional marketing for Foliofn of Vienna, Va.

Ray Cunningham has been named president and chief operating officer of INVESCO Funds Group of Denver. Cunningham was national sales manager for INVESCO and will keep those responsibilities.