Russell Trust Company has picked the Delaware International Value Equity team to manage more than $626 million in assets for the company. In addition to the new mandate, the team currently manages approximately $1.9 billion in assets including institutional separate accounts, mutual funds and managed accounts.
Delaware Investments announced today that the Delaware International Value Equity team has been chosen by Russell Trust Company, a global leader in multi-manager investing, to manage more than $626 million in assets for the company.
The Delaware International Value Equity team is comprised of the following experienced investment professionals: Zoe Neale, chief investment officer; Edward Gray, senior portfolio manager; Todd Bassion, portfolio manager; Margaret MacCarthy Bacon, investment specialist; Dr. Lawrence Franko, senior equity analyst; and Juliet Xu, equity analyst. In addition to the new mandate the team currently manages approximately $1.9 billion in assets including institutional separate accounts, mutual funds and managed accounts.
"Russell is known for its rigorous due diligence process and we are proud that they have decided to award us this mandate," said Zoe Neale, CIO of the Delaware International Value Equity team. "We appreciate the opportunity to highlight the expertise, agility and flexibility that this team has in the global markets."
"We value our long standing professional relationship with the Russell Trust Company. We are pleased that they recognize our expertise in the international equity space and that they have chosen to entrust us with this mandate," said John C. E. Campbell, president, Global Institutional Services.
About Delaware Investments:
Delaware Investments, an affiliate of Lincoln Financial Group, is a Philadelphia-based diversified asset management firm with more than $150 billion in assets under management as of March 31, 2007. Through a broad range of managed accounts and portfolios, mutual funds, retirement accounts, sub-advised funds, education savings plans and other investment products, Delaware Investments provides investment services to individual investors and to institutional investors such as private and public pension funds, foundations, and endowment funds. Delaware Investments is the marketing name for Delaware Management Holdings, Inc. and its subsidiaries. For more information on Delaware Investments, visit the company at http://www.delawareinvestments.com/. Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. For more information on Lincoln Financial Group, visit http://www.lfg.com/.
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