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Tuesday, August 2, 2005 Phoenix Taps Subadvisors for New Funds The Phoenix Companies' newly rebranded PhoenixFunds family has hired subadvisors for six new funds. - CastleArk Management will subadvise the Phoenix Fundamental Growth Fund, a large-cap growth portfolio. - Acadian Asset Management will manage the Phoenix Pathfinder Fund, a large-cap value fund. - Acadian Asset Management, Harris Investment Management and Golden Capital Management, will co-manage the Phoenix Total Value Fund, a large-cap value fund. - Golden Capital Management has been hired to subadvise the Phoenix Relative Value Fund, a large-cap blend fund. - Bennett Lawrence Management will manage the mid-cap growth of the Phoenix Dynamic Growth Fund. - Seneca Capital Management will manage the Phoenix High Yield Securities Fund, a fixed income fund. "When we announced PhoenixFunds in July, we told advisors our goal was to provide a unique one-stop shopping experience giving them access to institutional-quality managers and a mutual fund line that addressed a variety of investment goals. These new funds represent exciting new offerings that include top-tier managers that, in some instances, have only been available to institutions and the ultra-high net worth," said Daniel T. Geraci, president and chief executive officer of Phoenix Investment Partners. Printed from: MFWire.com/story.asp?s=10196 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |