ABN AMRO changed the mandate of one of its small-cap mutual funds and...

ABN AMRO changed the mandate of one of its small-cap mutual funds and hired Delaware Investments as a subadviser. The $44 million ABN AMRO Small Cap Fund now combines growth and value strategies. It was managed as the Small Cap Growth Fund with a growth-only bias. ABN AMRO also hired Mellon Equity Associates to subadvise its $151 million Value Fund. Both funds were internally managed.