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Rating:RiverFront to Sub-Advise ALPS' New Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, August 05, 2010

RiverFront to Sub-Advise ALPS' New Funds

Reported by Hung Tran

RiverFront Investment Group [see profile] has partnered ALPS Advisors [see profile] to launch a series of tactical mutual funds based on Riverfront's separate account strategies. ALPS will serve as the investment advisor to the funds and RiverFront will serve as the sub-advisor.

The trio of new funds include: The RiverFront Moderate Growth Fund, Tne Riverfront Moderate Growth and Income and The RiverFront Long-Term Growth & Income Fund. All of the new funds will be offered in A,C and I share classes.

Michael Jones, Rod Smyth, Doug Sandler and Tim Anderson will serve as co-portfolio managers for all the funds.

Richmond, Virginia-based RiverFront Investment Group currently manages some $1.8 billion in assets. Denver, colorado-based ALPS currently administers some $18 billion in mutual fund assets. 

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