Strong Financial Corporation has decided to acquire Pittsburgh-based Rockhaven Asset Management, a spokesperson with the firm told the MutualFundWire.com. The firm is jointly owned by Christopher Wiles, president and chief investment officer, and AmSouth Investment Management Company. All six of Rockhaven's employees will join Strong.

Rockhaven acts as the investment advisor to the Rockhaven Fund (RAMEX) and the Rockhaven Premier Dividend Fund (RAMCX). It is also the sub-advisor to the AmSouth Equity Income Fund (AOEIX) and the AmSouth Equity Income Variable Annuity.

The spokesperson that the funds will be rebranded under the Strong name. One Rockhaven fund will be a load fund and the other no-load.

"This is a situation that worked out well for both parties. Dick Strong and Chris Wiles have knew each other a long time, so there was a good chemistry for this deal," the official continued.

Strong has no plans of yet to specially market the new members of its fund family. 

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