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Thursday, May 19, 2016|
The Hartford Buys Into the ETF Biz
Jim Davey is buying into the ETF business, more specifically the strategic or "smart" beta ETF business.
Barron's and the WSJ both reported on the deal.
"The strategic beta space is a natural extension of Hartford Funds' actively managed platform, enabling us to enter a fast-growing category that will serve as a foundation for growth in the future," states Davey, president of Hartford Funds.
Lattice has four ETFs and $215 million in AUM as of March 31. Hartford Funds, whose offerings are primarily subadvised by Wellington, has $73.6 billion in AUM as of March 31.
Printed from: MFWire.com/story.asp?s=54069
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