] has hired DuPont Capital Management
as a sub-advisor for the Thrivent Partner Worldwide Allocation Fund
. DuPont will co-manage the emerging markets equity portion of the fund along with Aberdeen Asset Managers Limited
. [SEC Filings: 1
As of March 31, the fund held
just under $700 million in AUM.
is DuPont's PM for this portion of the portfolio. He oversees all of DuPont's international equities.
This contract brings the total number of sub-advisors on this fund to six. Principal Global Investors
, Mercator Asset Management
, Aberdeen Asset Managers Limited
, Victory Capital ManagementM
Goldman Sachs Asset Management each manage a different sector of the fund's international portfolio, while Thrivent handles the U.S. investments.
Thrivent Investment Management is a subsidiary of Thrivent Financial for Lutherans, a non-profit religious organization, with approximately $73.1 under management. DuPont Capital Management operates from Wilmington, Delaware, and held a total of $25.9 billion as of the end of 2011.
Stay ahead of the news ... Sign up for our email alerts now