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Rating:Fund Sponsor Changes Subadvisor Mandate for Second Time This Week Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, August 28, 2013

Fund Sponsor Changes Subadvisor Mandate for Second Time This Week

Reported by Tommy Fernandez

The Met Investors Series Trust is make big moves this week, changing two subadvisor mandates.

This time, the trust has changed sub advisors this week from Lord Abbett [profile] toInvesco [profile], according to an SEC filing.

The product in question is the Lord Abbett Mid Cap Value Portfolio, which will now be named the Invesco Mid Cap Value Portfolio.

This week, the trust also awarded a growth mandate to ClearBridge Investments

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