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Rating:Phoenix Taps Subadvisors for New Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, August 02, 2005

Phoenix Taps Subadvisors for New Funds

by: Theresa Sim

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.  

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