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

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

Rating:Subadvisor Switch Not Rated 3.0 Email Routing List Email & Route  Print Print
Friday, September 08, 2000

Subadvisor Switch

Reported by Sean Hanna, Editor in Chief

AMERICAN Skandia Marketing is substituting value specialists GAMCO Investors, a subsidiary of Gabelli Asset Management Company, for T. Rowe Price Associates as sub-advisor of the ASAF T. Rowe Price Small Company Value Fund. The firm also announced that it is expanding the line-up of mutual funds in its American Skandia Advisor Funds by five.

The new funds are: ASAF Gabelli All Cap Value Fund, ASAF Janus Mid-Cap Growth Fund, ASAF Alger All-Cap Growth Fund, ASAF INVESCO Technology Fund, ASAF Rydex Managed OTC Fund.

The new lineup of funds also marks the first two special Equity mutual funds offered through ASAF, said the insurer. The American Skandia Advisor Funds family now includes 23 funds and had $1 billion in sales for the second quarter of 2000 - a 19 percent increase over the same period in 1999.

"We recognize that our clients want even greater choice," said Timothy Cronin, vice president/director of investments & research at American Skandia Marketing. "These additions will provide the flexibility of a multi-manager fund family with leading fund managers in all asset classes - not just traditional core investment options such as large cap growth. This will allow investors to create optimized portfolios for their clients."  

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

3.0
 Do You Recommend This Story?



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