weekly Fund Times' report, it reported that Arrowpoint Partners
closed on the purchase of Aster Investment Management
] , the advisor to Meridian funds. Terms were not disclosed, according to Morningstar. The name of Meridian Value
has changed to Meridian Contrarian
, but the strategy remains the same.
is closing Small Cap Growth
as of October 1, Morningstar writes, adding that the fund has $2.6 billion in assets.
In other fund news, UBS
] will convert its UBS International Equity Fund
into Sustainable Fund
and UBS International Equity
will change its name to UBS Global Sustainable Equity Fund
To read more, click here
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