Aston Asset Management, in Chicago, launched five new mutual funds on November 5, including two international funds: Aston/Barings International Fund (ABIIX), and Aston/SGA International Small-Mid Cap Fund (ASNMX); and three mid-cap funds: Aston/Montag & Caldwell Mid Cap Growth Fund (AMCMX), Aston/ClariVest Mid Cap Growth Fund (ACVMX), and Aston/Cardinal Mid Cap Value Fund (ACDMX).
London-based Baring Asset Management's Christopher Lees will manage Aston/Barings International Fund with a "growth at a reasonable price" (GARP) investment process, looking for companies that he believes will continue to grow, according to the Aston announcement.
Aston/SGA International Small-Mid Cap Fund will be co-managed by Dr. Gary Baierl, of Strategic Global Advisors (SGA), in Newport Beach California. Baierl will use a quantitative as well as fundamental process to select the small- and mid-cap companies for the fund's portfolio.
