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Tuesday, August 27, 2002

AHA Launches

by: Tony Pennino

The American Hospital Association is launching a core international fund, Timothy Solberg, managing director at the firm, told the MutualFundWire.com. The fund will be available to investors before November 1, 2002.

Solberg also reported that London-based Pyrford was hired as the sub-advisor for the fund. The fund will invest in securities that are represented in the Morgan Stanley Capital International EAFE Index.

"We are transferring an LP into the fund. And we're waiting for SEC approval. But we are ready to go, and it will be open to investors shortly," added Douglas Peabody, also a managing director at the firm. 

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