is building its distribution network.
The two-year-old Olney, Maryland-based fund firm recently landed distribution for its two mutual funds on the on platforms of Raymond James
, Smith Barney
and Wachovia-owned A.G. Edwards
, said Joe Barrato
, Arrow's executive vice president of investment strategies, in an interview.
Additionally, Arrow hopes to have its funds on AIG
platforms in about a month, Barrato said.
The new distribution will come in handy for Arrow as it has plans to launch a third fund sometime in May, according to Barrato.
Arrow's goal is to have a total of five funds by yearend.
Stay ahead of the news ... Sign up for our email alerts now