MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, July 15, 2010 Aston to Shutter a Fund Aston Funds is prepping to liquidate its Aston/Optimum Large Cap Opportunity Fund [AOLCX]. The fund family, which was acquired by Affiliated Managers Group in April, closed the fund on Thursday (July 15). The trustees decided to liquidate the fund on August 12 [See SEC Filing]. Optimum Investment Advisors is the subadvisor to the mutual fund. The fund had $4.6 million of AUM at the end of March and carried just one star from Morningstar. AMG purchased its stake in Aston Funds from Highbury Financial. Printed from: MFWire.com/story.asp?s=32812 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |