It’s official: Touchstone Investments today completed its acquisition of selected fund assets of Old Mutual Asset Management's U.S. mutual fund business.

Thirteen of the 17 acquired funds will retain their current Old Mutual affiliated sub-adviser. The addition of these Old Mutual Funds brings Touchstone's total fund lineup to 45, assets under management to nearly $12 billion and several new sub-advisors to its current roster of fund managers. The company announced the planned acquisition in October 2011.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.