GE Asset Management has completed its appointment of Highland Funds Asset Management as investment advisor for the GE Funds. GE will serve as sub-advisor to all of the funds except the GE Small-Cap Equity Fund, which uses other third-party sub-advisors.
The GE Funds family is comprised of 16 funds with $1.2 billion in assets under management. Highland is rebranding the funds as Highland Funds.
“We are delighted to be able to offer investors such a broad and diverse suite of funds as we continue to build out our unique platform and expand our client base,” said Joe Dougherty, president and CEO of Highland Funds.