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Friday, June 07, 2013|
Nationwide Replaces Three Sub-Advisors With One
The board of trustees of Nationwide Mutual Funds [profile] approved the termination of Morley Capital Management as a sub-advisor to the Nationwide Enhanced Income Fund and the Nationwide Short Duration Bond Fund, and the termination of Aberdeen Asset Management [profile] and Diamond Hill Capital [profile] as sub-advisors to the Nationwide Fund. At the same meeting, the board approved the appointment of HighMark Capital Management [profile] as the sole sub-advisor to the same three mutual funds. This change is anticipated to take effect on or about June 17, 2013. SEC Filing].
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