As it approaches its first birthday, the Gaming and Casino Fund, now managed by Ahrens Advisors of Dallas, is ready to welcome a brand new parent.

This week, Ladenburg Thalmann Asset Management, a division of Ladenburg Thalmann of New York, the sixth-oldest firm on the New York Stock Exchange, will officially adopt the fund and become the investment advisor of the small, sector fund with assets hovering at $3 million. The multi-cap fund narrowly invests in casinos, gaming manufacturers, lottery firms and electronic/video gaming companies.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.