After announcing its deal to acquire New River's funds Tuesday, Southern Sun Asset Management is already looking to the future.

"We would like to do a fund in the mid-cap space, " Cliff Sulcer, director of client relations and business development for SouthernSun, told the MFWire.

Sulcer explained that SouthernSun already runs a mid-cap strategy that has a very successful track record and applying it to a mutual fund structure is a logical step. A new fund is not right around the corner though, Sulcer said the company would at least like to wait until the acquisition of the New River Funds is complete for launching a new one.  

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