The fund is a new addition to Prudentials
Prudential has organized the product line into three groups: Opportunities Funds, Style Specific Funds, and Asset Allocation Funds. The new mid-cap fund is the fourth of the Opportunity Funds, all of which feature investment management divided between two asset managers.
The Harris Associates portion will be managed by Robert Levy, Bill Nygren, and Michael Mangan. The trio will focus on a selection of 25 top stock picks within the asset class.
Elise Baum will lead the team for Mercury Advisors, taking a broader view by selecting 50 to 60 companies.