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Wednesday, September 15, 2010

GE Hires Kennedy

Reported by Armie Margaret Lee

GE Asset Management [see profile] has added Kennedy Capital Management to the roster of sub-advisors for the Small-Cap Equity Fund. [SEC filing]

Kennedy Capital Management joins four other sub-advisors: Champlain Investment Partners, GlobeFlex Capital, Palisade Capital Management and SouthernSun Asset Management [see profile].

The Small-Cap Euity Fund also saw another change. Effective September 10, David Wiederecht, president of investment strategies at GE Asset Management, replaced Judith Studer as one of the PMs for the mutual fund. 

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