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

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

Rating:Diversified Taps New Sub-Advisor Not Rated 3.0 Email Routing List Email & Route  Print Print
Tuesday, December 04, 2001

Diversified Taps New Sub-Advisor

Reported by Tony Pennino

Diversified Investment Advisors has tapped BlackRock Advisors to serve as sub-advisor for two of its funds. Those funds are the Core Bond Fund (DVGCX) and the Balanced Fund (DVIBX).

BlackRock will be the only sub-advisor for the bond fund. The firm will oversee the fixed income portion of the balanced fund. Aeltus Investment Management sub-advises the equity portion.

"BlackRock is known for delivering excess returns at a reduced level of risk. We believe that BlackRock will serve investors in both funds well," opined Tom Schlossberg, president and ceo at Diversified.

"BlackRock is a recognized leader in the fixed income industry," added Mark Mullin, cio at the firm, "and we're extremely pleased to be able to add them to two of our funds. They have in-depth expertise in all sectors of the fixed income market and are well known for their risk management and technological capabilities."

BlackRock replaces Payden & Rygel in the role of sub-advisor.

Diversified specializes in offering services in retirement plans from defined benefit plans to defined contribution plans. 

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

 Do You Recommend This Story?

Return to Top
 News Archives
2019: Q2Q1
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:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use