Robeco Investment Management changed the name of its Weiss Peck & Greer mutual fund family to Robeco Investment Funds, said Pamela Cantor, spokeswoman. Weiss Peck & Greer, a Robeco subsidiary, continues to manage the funds. The change is part of an ongoing process to introduce the Robeco name in the United States, she said.
Robeco Investment Management had $26 billion in assets under management as of March 31, and Weiss Peck & Greer managed $15 billion as of the same date, Ms. Cantor said.
Separately, IXIS Asset Management Distributors' CDC Nvest family of 21 funds was renamed IXIS Advisor Funds to more closely align it with the funds' advisers, IXIS Asset Management Advisors and global parent company IXIS Asset Management Group, according to a news release.
In a related move, the CDC IXIS Moderate Diversified Portfolio fund will become the IXIS Moderate Diversified Portfolio, and the following CDC Nvest funds will be renamed IXIS funds: Star Advisers, Star Value and Cash Management Trust-Money Market Series, according to a press release.