B Riley unit launches mutual fund.
BANKING AND CREDIT NEWS-February 12, 2014--B Riley unit launches mutual fund
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12 February 2014 -- Los Angeles-based investment firm B Riley said that its B Riley Asset Management LLC investment advisor unit has introduced the B Riley Diversified Equity Fund (NASDAQ: BRDZX) (NASDAQ: BRDRX).
BRAM is an affiliate of Los Angeles based B. Riley & Co., LLC, a FINRA registered broker dealer.
The B. Riley Diversified Equity Fund is an open-end mutual fund which will attempt to mirror the performance of the B. Riley Diversified Equity Composite. The composite is an equal-weighted index of stocks calculated by Bloomberg Indexes.
It was created by the B Riley research department to measure performance.
B Riley Asset Management is a fee-based investment adviser registered with the Securities and Exchange Commission. BRAM will manage funds, separately managed accounts and other investment products.
Find out more at www.brileyam.com.
1 USD = 0.608 GBP
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|Publication:||M2 Banking & Credit News (BCN)|
|Date:||Feb 12, 2014|
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