Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:ING Goes Outside for Large Cap Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, June 4, 2003

ING Goes Outside for Large Cap Fund

by: Ki Kim

In a bid to bolster the performance of its lagging large-cap growth fund, ING's mutual fund arm has selected an outside portfolio manager, Wellington Management Company's Andrew J. Shilling. A CFA with 13 years of investment experience, Shilling serves as senior vice president and partner for Wellington Management.

As of June 2, 2003, Wellington is sub-advising the ING LargeCap Growth Fund and the ING LargeCap Growth variable portfolio for ING Funds Distributor. The investment objective of the LargeCap Growth Fund, which previously was managed internally, is to seek long-term capital appreciation.

"ING Funds selected Wellington Management as the sub-adviser of the ING LargeCap Growth Fund because of their outstanding track record as a large cap growth money manager," said Bob Boulware, president and CEO, ING Funds, in a prepared release.

As of April 30 of this year, fund tracker Morningstar gives the large cap fund an overall rating of two stars and a three year ranking of just one star. Meanwhile, Lipper rates the fund number 586 out of 634 for the one year period and 451 out of 469 for the three-year stretch.

Wellington Management focuses on proprietary fundamental research, companies with a sustainable growth advantage, and the ability to detect change early and position the portfolio accordingly. 

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

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use