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Friday, July 10, 2009|
Old Mutual Drops Turner from its Large Cap Growth Fund
Next month, the Old Mutual Large Cap Growth Fund will have just one sub-advisor instead of two. Effective August 22, Turner Investment Partners will no longer sub-advise the fund, according to an SEC filing. The other sub-advisor, Ashfield Capital Partners, will be responsible for the entire fund.
A Turner spokesperson declined to comment. A representative for Old Mutual was not immediately available for comment on the reason behind the decision.
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