Fred Alger Management of New York and Davis Selected Advisors of Tucson, Ariz. are working to broaden their six-year old alliance to distribute mutual funds and service to their fund shareholders in Germany.

In April, the two fund groups launched a joint mutual fund distribution company to sell both Alger and Davis Selected funds to institutional investors in Germany. The two firms will also be introducing their own mutual fund transfer agency beginning in December to facilitate the servicing of the funds they sell in Germany.

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