Atlas Advisors has picked Madison Investment Advisors to sub-advise two no-load mutual funds.

Madison began sub-advising the Atlas Strategic Growth and Atlas Balanced funds Sept. 1. Assets in the funds total $90 million. The firm currently oversees more than $7 billion and has been managing equity and balanced assets since 1974.

Atlas Advisors is a sister company to World Savings, which distributes the funds.

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