he socially conscious Citizens Funds have swapped managers, according to a filing with the SEC. The temporary winner of the $220 million, two-fund mandate is State Street Global Advisors
The firm will replace Clemente Capital
, a unit of Wilmington Trust specializing in international equities. The filing revealed that the New Hampshire-based firm is still seeking a permanent sub-advisor to the funds.
A spokesperson from Citizens Funds was unable to comment by the time this story was published.
SSgA will take over as subadvisor to the $217 million Citizens Global Equity Fund and the $3.2 million Citizens International Growth Fund on an interim basis.
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