Transamerica has added four mutual funds to its retail lineup today including Transamerica Tactical Allocation, Transamerica Tactical Rotation, Transamerica Income & Growth, and Transamerica Enhanced Muni.
The Transamerica Income & Growth is sub-advised by Ranger International Management and the Transamerica Enhanced Muni fund, sub-advised by Belle Haven Investments.
Dave Paulsen, chief executive officer of Transamerica Capital, said the new funds stem from investor demand. “We’ve listened to advisors and clients who say they need investments that are more in tune with today’s market challenges,” stated Paulsen.
“Solutions that are diversified, and offer downside protection strategies along with the potential for growth, help give investors the confidence to stay invested through volatile markets.”
Transamerica Asset Management is the asset management business unit of Transamerica. TAM manages more than $50.6 billion in assets as of the end of June.