It's been a rough spring for Marsico Capital
reported last week
in its Stork & Reaper
section that Delaware Investments
] 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
] and Fred Alger
MFWire reported last month
that Harbor Funds
] 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.
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