Aetna Retirement Services announced that Aetna Life Insurance and Annuity company has formed an alliance to offer the Chapman DEM Equity Fund, managed by the Baltimore-based Chapman Company. The Chapman Company is one of the nation's leading minority-controlled investment banking firms and broker/dealers.
The Chapman DEM (Domestic Emerging Markets) Equity Fund invests in publicly-traded companies that are controlled by women, African-Americans, Asian-Americans or Latinos. The portfolio includes companies representing growth industries that are often overlooked and appear undervalued.
The Chapman Company, which has $590 million in assets under management, gears its portfolio to value-oriented, small to mid-sized growth companies with strong management.