FundQuest is offering two of Russell's managed account programs. The
first is Russell Mutual Fund Model Strategies which includes five core
models and five tax-managed models. This mutual fund wrap account is
diversified across up to four asset classes, eight funds, nineteen
styles, and up to forty-eight specialist money managers.
FundQuest Platform Offers Russell’s Managed Account Programs
BOSTON, MA, October 31, 2007 - FundQuest now offers Russell Mutual Fund Model Strategies and Russell LifePoints® Funds to independent registered investment advisors (RIAs) through FundQuest's comprehensive managed accounts platform. Russell Investment Group provides investment products and services to RIAs and has more than $231 billion in assets under management. FundQuest is a leading provider of technology-based tools, back-office operational support, and investment research services to companies in the financial advisory business.
FundQuest is offering two of Russell's managed account programs. The first is Russell Mutual Fund Model Strategies which includes five core models and five tax-managed models. This mutual fund wrap account is diversified across up to four asset classes, eight funds, nineteen styles, and up to forty-eight specialist money managers. The second program is Russell LifePoints® Funds-Target Portfolio Series, which is a fund-of-funds that offers five options from a mix of 20% stock funds / 80% bond funds to 100% stock funds. These funds are continuously monitored and automatically rebalanced.
According to David Root, VP of Institutional Sales at FundQuest, “RIA firms want to have an array of quality investment choices and they have a high regard for Russell's products. Now independent RIAs can get Russell's offerings combined with FundQuest's advanced technology and operational services.”
Michael Winnick, managing director of strategic partnerships at Russell Investment Group commented, “We are selective in choosing platforms to work with because we want to ensure that advisors will get real value and dependable support when they ultimately choose Russell's products. We are very excited to have our products available through FundQuest and look forward to working with them.”
Russell funds are distributed through Russell Fund Distributors, Inc., member FINRA, and part of Russell Investment Group.
About FundQuest
FundQuest is the best partner to help financial institutions and their financial advisors to grow their business. Services are delivered via partnerships with over 110 financial institutions. The combined US and European operations of FundQuest have $36 billion in assets under management and administration. Financial institutions leverage FundQuest's flexible menu of wealth management solutions to provide: retirement income management, unified managed accounts, mutual fund advisory, separately managed accounts, trust services, annuities, exchange-traded funds, and alternative investments.
Contact:
Jim Graves
Managing Director, Marketing
FundQuest Incorporated
125 High Street, Oliver St. Tower--13th Floor
Boston, MA 02110
617 526 7386
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
www.fundquest.com/usa
Trackback(0)
|
TrackBack URI for this entry
Subscribe to this comment's feed
