Aston Asset Management has fired Todd-Veredus Asset Management, the subadvisor to two of the firm's small-cap funds, Morningstar
The $22.8 million Aston/Veredus Small Cap Growth (VERDX) will be
According to Morningstar, the Veredus sub-advised funds have struggled with performance in recent years. Both funds lagged more than 90% of their respective category peers in the trailing five years through November.
The insurance products began 2024 in much the same way as 2022 and 2023: with record-breaking sales.
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