MutualFundWire.com: Citizens On the Prowl for SubAdvisor
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Friday, October 19, 2001

Citizens On the Prowl for SubAdvisor


The socially conscious Citizens Funds have swapped managers, according to a filing with the SEC. The temporary winner of the $220 million, two-fund mandate is State Street Global Advisors (SSgA).

The firm will replace Clemente Capital, a unit of Wilmington Trust specializing in international equities. The filing revealed that the New Hampshire-based firm is still seeking a permanent sub-advisor to the funds.

A spokesperson from Citizens Funds was unable to comment by the time this story was published.

SSgA will take over as subadvisor to the $217 million Citizens Global Equity Fund and the $3.2 million Citizens International Growth Fund on an interim basis.


Printed from: MFWire.com/story.asp?s=27052

Copyright 2001, InvestmentWires, Inc.
All Rights Reserved
Back to Top