Oppenheimer Asset Management has added the Dividend Performers investment strategy to its separate account consulting program. The strategy is managed by Sovereign Asset Management, a subsidiary of John Hancock Advisers, which was recently bought by Manulife Financial.
Dividend Performers invests in a group of approximately 350 companies known for growth and stability. All have increased dividends over the past five years and seek investments that point to future growth and earnings.
"The Dividend Performers strategy has a long-term track record of strong risk-adjusted returns that we believe should help our clients reach their investment goals," said Peter Amendolair, managing director of Oppenheimer Consulting Group.