MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, August 25, 2014 Armed with 3-Year Cred, 5-Stars and Top Performance, Angel Oak Swings for the Fences These are the kinds of hits people go to baseball games for. Angel Oak's Angel Oak Multi-Strategy Income Fund recently hit its three-year mark on June 30th, earning five-stars and top performance in the multi-sector bond category. Armed with those creds, Angel Oak, which boasts six former employees of TCW, is preparing for a major push of the fund, which is now has more than $3 billion in assets. "The fund has had great performance and we are doing a lot to get the story out," Erlend Bo, Angel Oak's managing director for strategy, sales and distribution. For example, the firm has hired two more people for their Atlanta call center, which now totals three. They have restructured their sales force to focus more on traditional territories and increased outreach towards brokers and RIAs. The team includes five wholesalers, one for institutions and Bo and president Chuck Baldisweiler focusing on national accounts. The efforts are already paying off. The fund just got access on Stifel's platform. And they're not stopping there. They already have another fund in registration, the Angel Oak Flexible Bond Fund, and plan to launch another by year-end. Printed from: MFWire.com/story.asp?s=49502 Copyright 2014, InvestmentWires, Inc. All Rights Reserved |