n a move that nearly doubles its number of available funds, Washington, D.C.-based Riggs Bank
added four new funds to its existing family, on December 20.
The new funds include one large-cap growth fund and three bond funds, one focusing on current income, an intermediate tax-free bond fund and a long-term tax-free bond fund.
Introduced in 1991, the Riggs Funds family now consists of three stock funds, four bond funds, and two money market funds, with current total assets of $1.3 billion.
Riggs Bank is the advisor for each fund. Riggs Investment Management, a subsidiary of Riggs Bank, and J. Bush & Co. are sub-advisors. Federated Investors
of Pittsburgh administrates and distributes through its subsidiaries.
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