Virtus Launches International Equity Fund

"Pyrford is very excited about this new opportunity to make our international equity strategy available to retail clients in the U.S. For more than a decade, our strategy has a proven track record of delivering excellent long-term investment returns with reduced risk," said Tony Cousins, CFA, joint chief investment officer of Pyrford International, in a statement. "We look forward to working with Virtus in launching this new product and building a long-term relationship that will benefit both of our organizations and, most importantly, our mutual clients."

The fund is co-managed by Cousins; Bruce Campbell, chief executive officer and joint chief investment officer; Paul Simons, CFA, head of portfolio management, Asia Pacific; and Daniel McDonagh, CFA, head of portfolio management, Europe/UK.