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Monday, April 21, 2008|
Arrow Funds Shoots for More Distribution
Arrow Funds 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 and JPMorgan's 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.
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