Transamerica Investment Management
has won a slot as a large cap growth manager on Lockwood Financial Services
separate account program. More than 1,700 advisors use the program. Lockwood is a unit of the Bank of New York.
The Los Angeles-based money manager said it is taking over more than $25 million of assets through the program. It did not identify the incumbent manager.
A spokesperson for Lockwood confirmed the hiring of Transamerica, but declined to comment further on the decision.
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