Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:USAA Swaps Subadvisors Not Rated 4.0 Email Routing List Email & Route  Print Print
Monday, August 08, 2005

USAA Swaps Subadvisors

by: Theresa Sim

USAA has replaced the subadvisor for its USAA First Start Growth fund. After Marsico Capital Management indicated that it did not want to subadvise the fund, the fund's board hired Loomis, Sayles & Company, according to an SEC filing.

USAA Investment Management officials said that the decision to hire Loomis was based on the subadvisor's performance managing parts of the USAA Growth Fund, the USAA Growth and Tax Strategy Fund, other large-cap growth accounts; the subadvisor's fees, and the "likelihood that IMCO will be able to work together effectively with Loomis Sayles to pursue the Fund's investment objective and investment strategy."

The USAA First Start Growth fund has approximately $220 million in assets under management.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

4.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use