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 |
|
Friday, June 17, 2011 JPMorgan Swipes Two Mandates From AllianceBernstein JPMorgan [see profile] just took over two sub-advisory mandates formerly in the hands of AllianceBernstein [see profile]. On June 6 MassMutual [see profile] switched out AllianceBernstein as sub-advisor to the one-star, $146.1-million MassMutual Select Diversified International Fund and as co-subadvisor to the three-star, $572.6-million MassMutual Select Overseas Fund [see filings here and here]. Morningstar reported on the swaps last week and this week in its "Fund Times" column. For both funds, the JPMorgan PM team consists of managing directors Jeroen Huysinga, Georgina Perceval Maxwell and Gerd Woort-Menker. And in both cases, they succeed the same AllianceBernstein quarter of Henry D'Auria, Sharon Fay, Eric Franco and Kevin Simms. AllianceBernstein's co-chief investment officer of US large cap value equities, CIO of North American value equities and global head of diversified value services, Joseph Paul, previously left both sub-advisory teams at the beginning of April. Printed from: MFWire.com/story.asp?s=37099 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |