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

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

Rating:Schwab Investment Management Adopts Fund Family Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, November 05, 2003

Schwab Investment Management Adopts Fund Family

by: Nicole Halsey

Axa Rosenberg has found a new home.

Charles Schwab Investment Management has signed an agreement with the $1.4 billion fund family to become the advisor to the fund family. Meanwhile, Axa Rosenberg will remain responsible for the management of the funds through a sub-advisory relationship.

This announcement is another example of an ongoing trend among investment managers at niche fund firms to partner with larger firms to take over their marketing, back office and distribution reposibilites. Last month, Forward Management adopted two mutual funds from Pictet International Management in a similar move.

ˇ§We are delighted with this partnership and excited about the opportunities it presents,ˇ¨ said Ted Lyman, president of the AXA Rosenberg Funds. ˇ§Over the past decade, AXA Rosenberg has worked hard to expand our reach through the launch of new funds, which enabled us to bring our global investment expertise to U.S. mutual fund investors. By joining efforts with Schwab, we are taking the next logical step to extend our investment capabilities to a broader investment audience, while ensuring that our fund shareholders will continue to be well served.ˇ¨

The funds being adopted by Schwab are:

  • U.S. Small Capitalization Fund (USCIX/ BRSCX/ LIFUX)
  • U.S. Discovery Fund (RDISX/ RDIVX)
  • U.S. Large Capitalization Fund (AXLIX/ AXLVX)
  • Enhanced 500 Fund (REDIX/ REFIX)
  • International Equity Fund (REQIX/ RIEIX)
  • „X International Small Capitalization Fund (ICSIX/ RISIX)
  • European Fund (AEUIX/ AXEIX)
  • U.S Large/Mid Capitalization Long/Short Equity Fund (SSMNX/ RMNIX)
  • Value Long/Short Equity Fund (BMNIX/ BRMIX)
  • Global Long/Short Equity Fund (MSMNX/ RMSIX)
  • U.S. Long/Short Equity Fund*  

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

  • 0.0
     Do You Recommend This Story?

    GO TO: MFWire
    Return to Top
     News Archives
    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. 1997-2021
    14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
    Privacy Policy :: Terms of Use