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

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

Rating:Evergreen Wants to Move Management of Four Bond Funds to Wells Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, April 7, 2009

Evergreen Wants to Move Management of Four Bond Funds to Wells

by: Armie Margaret Lee

Evergreen Investment Management Company plans to propose to the board of trustees that Wells Capital Management Inc. replace Tattersall Advisory Group as sub-adviser to four bond funds, according to an SEC filing on Monday. The funds include Evergreen Core Plus Bond, Evergreen Core Bond, Evergreen VA Core Bond and Evergreen Short Intermediate Bond.

In an announcement posted on the Evergreen Web site on Tuesday, company officials said the decision to propose the portfolio management changes followed "recent performance challenges" and the "broadened fixed income investment capabilities resulting from Evergreen Investments' recent affiliation with Wells Fargo's asset management group.

Richmond, Virginia-based Tattersall is Evergreen's domestic fixed income platform. Evergreen's parent, Wachovia Corp., was purchased by Wells Fargo in a deal that closed in January.

The portfolio management change would occur through the execution of a new sub-advisory agreement and/or through the reorganization of each Evergreen fund into a similarly managed Wells Fargo Advantage Fund.  

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

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
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. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use