St. Peterbsburg, Florida-based
Heritage Asset Management has named
Julius Baer Investment Managemenet as the subadviser for its international equity fund (
HEIAX). Julius Baer assumes its duties from
Martin Currie.
According to Heritage, the change was made because Julius Baer has a conservative investment approach. Heritage also preferred the subadvisor for its research and management capabilities.
The fund has also recently changed its name. Previously, it was the Heritage Series Trust -- Eagle International Equity Portfolio. It is now the Heritage Series Trust -- International Equity Fund.
Martin Currie had been the fund's subadviser since its founding in 1995. 
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