The Emerald Mutual Funds have made their way home to the investment advisory firm that founded the fund family in 1992.

The two mutual funds, Emerald Growth Fund and Emerald Banking & Finance Fund, are being transferred from the Forward Funds to Leola, PA-based Emerald Mutual Fund Advisers Trust. The Trust is a wholly-owned subsidiary of Emerald Advisers, Inc.

The funds’ management transferred to San Francisco, Calif.-based Forward Funds in 2005 while Emerald maintained its role as portfolio manager for the funds thru a sub-advisory agreement with Forward.

“Forward’s team has done an excellent job as stewards of the funds over the past several years,” stated Emerald Advisers managing director Dan Moyer. “But Emerald has always enjoyed a unique relationship with investment professionals throughout the mid-Atlantic region and we missed the daily interaction with local investment professionals when the funds transitioned to California.”

Hung Tran writes for Money Management Executive.