Features multiple share classes for both retail and institutional investors
Touchstone Investments, a member of western & southern Financial Group, has launched 10 new funds in several categories. Each fund features multiple share classes for both retail and institutional investors.
Reportedly, Touchstone has named 10 institutional asset managers to act in a sub-advisory capacity for each of the 10 funds. Touchstone expects that this combined product set of existing and new funds will provide better investment breadth and depth to its chosen distribution partners. Touchstone’s fund lineup now includes US equity, international equity, US fixed income, international fixed income and a variety of alternative investment funds.
Steven Graziano, president of Touchstone Investments, said: “Our sub-advisors have been carefully screened and selected for their considerable capabilities and strong track records. Despite the challenges in our industry, Touchstone is fortunate to have a financially strong parent company that has taken this opportunity to invest in our products, sales resources and tools, and operational capabilities.”