Delaware Investments of Philadelphia and Linsco/Private Ledger (LPL Financial) of San Diego and Boston have wrapped up the details of an agreement to partner for a brand new mutual fund wrap program that will launch in September with a $15,000 account minimum.

Under the program, Delaware Management will serve as the advisor to a newly created family of seven mutual funds. Six will be sub-advised by well-known, outside money managers, including Marsico Capital Management, T. Rowe Price, MFS, Van Kampen Asset Management, Hotchkis & Wiley Capital Management and Delafield Asset Management, which is a division of Reich & Tang Asset Management.

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