In an effort to provide a product line that offers investors performance in all market conditions, Berwyn, Pa.-based
Portfolio managers Thomas DiBella and Kenneth Gainey are joining Turners small cap core/value equity team from
Turners value product line also includes the Turner Small Cap Value fund, which closed to new investors December 28 and the Mid and the Large Cap Value funds, all of which are sub-advised by New York-based
Turner has also expanded its fixed-income staff, naming Roger Early chief investment officer of the firms fixed income unit and Paul Matlack portfolio manager. Early most recently served as senior portfolio manager at
Turners investment unit now includes a growth equity, small cap core/value and fixed income teams. "This diversity of businesses will help us stabilize revenue stream during various market cycles," said John Grady, Turners COO, in a statement.
In addition, the firm announced that it will begin serving as the sub-distributor for a series of value funds advised by
The firm has also agreed to market and distribute three growth funds managed by
Turner Investment Partners manages approximately $9 billion in assets held in 21 funds and other fixed-income and equity products.