A $676MM Great-West Fund Switches Subadvisors
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Wednesday, April 13, 2016

A $676MM Great-West Fund Switches Subadvisors

Great-West is switching subadvisors on a $676.4-million mutual fund.

Thomas Durante
BNY Mellon
Managing Director
On April 29, Irish Life Investment Managers Limited will take over as subadvisor of the three-star Great-West S&P Mid Cap 400 Index Fund, per a recent filing with the SEC. The fund has been subadvised by Mellon Capital Management Corporation since inception in early 2011.

A spokeswoman for BNY Mellon declined to comment for this story. MFWire could not immediately reach spokespeople for Great-West [profile] and Irish Life.

The fund has been PMed by Mellon's Richard Brown (director, senior PM), thomas Durante (managing director, senior PM), and Karen Wong (managing director) since it launched five years ago. Wong is head of equity portfolio management, and both Brown and Durante are also on Mellon's equity portfolio management team.

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