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Monday, April 10, 2000 Marsico to Sub-Advise New Nations Fund Nations Funds, the $85 billion fund family of Banc of America (BAC),
The new fund will be managed by Jim Hillary, a founding member of Marsico Capital Management, who will concentrate the aggressive growth fund in 35 to 50 securities, primarily those taking "leadership roles in the transition to a new, information- based global economy." Tom Marsico said that the new fund is a logical extension of its research process which involves investigating the "competitors, suppliers and customers of the primarily large-cap companies in which its funds invests," uncovering opportunities which the new fund will invest in. Printed from: MFWire.com/story.asp?s=25431 Copyright 2000, InvestmentWires, Inc. All Rights Reserved |