Transamerica Asset Management, Inc. announced several enhancements to its fund offerings, including the addition of new retail mutual funds. On March 1, the company will introduce retail classes of Transamerica International Bond.
Initially opened as an institutional share class in December 2005, Transamerica International Bond seeks to obtain high total return by investing in high-quality, non-dollar denominated government and corporate debt securities of foreign issuers. With historically strong Lipper rankings and rated above average by Morningstar for overall returns, Transamerica International Bond is a natural fit into the Transamerica retail line-up. Transamerica International Bond is sub-advised by JP Morgan Investment Management, Inc. and will be available in Class A (TABAX), Class C (TABCX) and Class I (TABIX) shares.
"We remain committed to delivering unique and top-performing institutional strategies to the individual investor," said Dave Paulsen, CEO of Transamerica Capital, Inc. "The introductions of Transamerica Logan Circle Emerging Markets Debt and Transamerica Tactical Income funds late last year have been very well received in the marketplace, and we are very confident that these new additions will resonate strongly with our partner firms, financial advisors and their clients."
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.