is prepping to liquidate its Aston/Optimum Large Cap Opportunity Fund
[AOLCX]. The fund family, which was acquired by Affiliated Managers Group in April, closed the fund on Thursday (July 15). The trustees decided to liquidate the fund on August 12 [See SEC Filing
Optimum Investment Advisors
is the subadvisor to the mutual fund.
The fund had $4.6 million of AUM at the end of March and carried just one star from Morningstar.
AMG purchased its stake in Aston Funds from Highbury Financial.
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