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Monday, June 2, 2003 GEPAM Reaps Big Demand for MDAs The GE Multiple Strategy Portfolios, GE Private Asset Management's separately managed account program launched in March, has generated more than one thousand proposal requests from clients, representing 78 percent of the firm's overall proposal requests since the product's inception. The product is the most successful offered by GEPAM since its founding in 1985 and is reflective of a broad evolution of the separately managed account industry towards greater access to solutions for the emerging affluent, according to the firm. Technological advancements have allowed SMA providers to introduce new Multiple Disciplinary Accounts, or MDAs, which offer benefits previously available only to very wealthy for a much more accessible minimum initial investment. GE Multiple Strategy Portfolios takes the core strengths of GEPAM management expertise and fiduciary oversight of such tasks as world-class investment manager selection, long-term asset allocation guidance and risk management skill and makes them accessible to a wider universe of investors, especially those looking to bridge the gap between mutual fund and traditional separate account investing. Printed from: MFWire.com/story.asp?s=5261 Copyright 2003, InvestmentWires, Inc. All Rights Reserved |