Diversified Investment Advisors, Purchase, N.Y., hired two subadvisers to manage new institutional mutual funds. Ark Asset Management will subadvise the Equity Value Fund, which invests in large-cap stocks selling at reasonable prices relative to earnings. McKinley Capital Management will manage the Aggressive Equity Fund, consisting primarily of common stocks of U.S. companies with market caps between $750 million and $2.5 billion
Diversified Investment Advisors, Purchase, N.Y., hired two subadvisers...
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