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MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
Tuesday, June 8, 2004 Institutional Manager Signs with Check-Free Institutional manager WEDGE Capital Management picked CheckFree Investment Services' APL-MSP platform for its multiple strategy portfolio product, the firm announced on Monday. "With APL-MSP, we can trade a particular security in a targeted style without affecting that same security in other styles… APL-MSP tool tags the specific holding at the tax-lot level, giving us the flexibility…to effect our investment decisions," said Brad Horstmann, executive vice president of WEDGE Capital Management. WEDGE Capital Management has $4.1 billion in assets under management; 97 percent is invested for institutional clients. APL-MSP, which is UNIX-based, was introduced in 2002. Printed from: MFWire.com/story.asp?s=7358 Copyright 2004, InvestmentWires, Inc. All Rights Reserved |