It's been a rough spring for Marsico Capital [profile].

MFWire reported last week in its Stork & Reaper section that Delaware Investments [profile] removed Marsico as a subadvisor for the Optimum Large Cap Growth Fund.

The assets managed by Marsico are being moved to the fund's two other remaining subadvisors T. Rowe Price [profile] and Fred Alger [profile].

MFWire reported last month that Harbor Funds [profile] removed Marsico as subadvisor to the Harbor International Growth Fund, hiring Baillie Gifford Overseas Limited as a replacement.

Last August, Harbor closed a Marsico-helmed fund, the Marsico/Harbor Flexible Capital Fund.

Executives at Marsico and Delaware had yet to respond to requests for comment as of press time. 

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