Friday, June 02, 2006

 

Phoenix Completes Strategic Alliance With Harris Investment Management; Broadens Its Multi-Style, Multi-Manager Platform

The Phoenix Companies, Inc. announced that it finalized its strategic alliance with Harris Investment Management including the adoption of the Harris Insight(R) Funds, now called Phoenix Insight Funds.

The adoption adds $10.7 billion to the $12.7 billion in mutual fund assets under management by Phoenix as of March 31, 2006, as follows: $2.4 billion of equity fund assets, $912 million of fixed income fund assets and $7.3 billion of money market fund assets. As a result of the alliance, Phoenix will add 19 funds to its existing mutual fund product line up including a diverse mix of equity, international, fixed income and money market funds.

Phoenix Completes Strategic Alliance With Harris Investment Management; Broadens Its Multi-Style, Multi-Manager Platform
Source: dBusiness News

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