Delaware Investments is changing the name of its Delaware International Equity Fund to better reflect the fund's value orientation, the company announced yesterday.
The fund, which is managed by Delaware International Advisers, the firm's London-based office, will now be called Delaware International Value Equity Fund. Both companies are subsidiaries of Lincoln Financial Group. 'We wanted to change the fund's name to call shareholders' and potential investors' attention to the emphasis that our analysts and portfolio managers place on using a value perspective when we pick stocks for this portfolio,' said Karina Istvan, senior V.P. of retail investor services for Delaware, in a statement.
The name change is part of an ongoing company effort to examine its products and services and search for ways to distinguish itself from its competitors, she said. The firm recently adopted the tagline 'Powered by Research'