Delaware, AST create collective trust funds

Delaware Investments, in partnership with AST Capital Trust, will launch four collective trust funds, according to a news release. Delaware Investments will manage the money, and AST Capital Trust will be trustee for the investment pools, which will be available as investment options on the platforms of third-party retirement plan providers, including AST. The AST Collective Trusts offerings are the Delaware High-Yield Fund, Large Cap Value Fund, International Equity Fund and REIT Trust.