The name Orbitex may not be a household name in the mutual fund industry, but the chief executive officer of Orbitex Management of New York plans to change that and make his company a well-known brand within the next year.

Until recently, two-year-old Orbitex was a small fund family of just four specialized funds with $100 million under management. But Orbitex has begun introducing new funds and acquiring others as well as servicing companies with the goal of becoming a leader in asset management, fund servicing and distribution.

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