MutualFundWire.com: Security Global Investors Puts Focus on Wholesaling Efforts

MutualFundWire.com

The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication

Wednesday, November 28, 2007

Security Global Investors Puts Focus on Wholesaling Efforts

Security Global Investors (SGI), the asset management arm of Security Benefit, is in the midst of a push to distribute its mutual fund offerings through wirehouses.

"We hired Mark Zeitoun three months ago to develop a wirehouse/platform distribution strategy and he and his wholesaling team have been doing a great job," Richard Goldman, president of Security Global Investors told the MFWire.

Richard Goldman
SGI
president

Goldman added that SGI used to focus mainly on the retirement channel for distribution. The new efforts center around wirehouses and sub-advisory mandates.

In addition to new distribution platforms SGI is open to the opportunity of adding new investment teams, like the Nationwide team whose hire was announced yesterday.

"We would be open to more opportunities like this in the future," Goldman said.

Earlier this year Security Benefit announced a deal to purchase Rydex Investments.

Printed from: MFWire.com/story.asp?s=16600

Copyright 2007, InvestmentWires, Inc.
All Rights Reserved