United Asset Management of Boston filed a preliminary proxy statement with the SEC Nov. 9 seeking to liquidate the TS&W International Octagon Portfolio, which is managed by its affiliate, Thompson, Siegel & Walmsley of Richmond, Va.

The company wants to liquidate the fund because of its small asset size and a limited potential for future growth, the proxy said. The fund had $11.3 million in assets under management as of Oct. 31, a sharp drop in assets from May 31, when the fund had $58.2 million in assets. In the past months, several large redemptions have caused assets to drop sharply, according to the proxy.

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