Sept. 17, 2003 — Seligman Funds has hired Wellington Asset Management Co. to run three international funds with about $182 million in assets.
Wellington, a Boston-based money management firm, this week began overseeing the $178.2 million Seligman Global Smaller Companies Fund/A (SHGAX), the $63.4 million Seligman Global Growth Fund/A (SHGOX), and the $40.6 million Seligman International Growth Fund/A (SHIFX).
Daniel Cooley, who had run the Global Growth and International Growth funds, and Daniel Barker, who helped manage the Global Smaller Companies fund, have left Seligman, a spokeswoman for the company said. Richard Ruvkin, Global Smaller Companies' co-manager, continues as the leader of the team that runs Seligman Frontier Fund/A (SLFRX).
