RADNOR, Pa.--(BUSINESS WIRE)--Hartford Mutual Funds has named Jac McLean, 43, head of distribution. In this newly created position, McLean will be responsible for retail sales, institutional sales and key account management.
“He has developed strong relationships over his 20 years in the industry and he will be a tremendous asset as we continue to grow and develop our mutual funds business.”
“Jac has an extensive background in sales and distribution,” said Jim Davey, executive vice president of Hartford Mutual Funds. “He has developed strong relationships over his 20 years in the industry and he will be a tremendous asset as we continue to grow and develop our mutual funds business.”
McLean began his career at MFS Fund Distributors, Inc. and held positions of increasing responsibility during his 16 years at the firm. Most recently, he served as head of U.S. retail and offshore sales at Eaton Vance. McLean holds a bachelor’s degree in political science from Boston College.
This and other recent personnel additions come on the heels of the fund family’s recently expanded relationship with Wellington Management, LLP, which now serves as the primary sub-adviser for more than 50 equity, fixed-income, multi-asset, target-retirement, and alternative funds.
Hartford Mutual Funds offers a broad range of actively managed strategies designed to provide solutions for a variety of investment needs. Established in 1996, Hartford Mutual Funds has $87.3 billion in assets under management (as of September 30, 2012). For more information about the fund family, visit www.hartfordmutualfunds.com.
Wellington Management Company, LLP, is one of the world’s largest independent investment management firms, overseeing US$748 billion as of September 30, 2012. As a private firm whose sole business is investment management, it seeks a long-term view and alignment of its interests with those of its clients. The firm’s investment solutions are built on the strength of proprietary, independent research and span nearly all segments of the global capital markets, including equity, fixed income, multi-asset, and alternative strategies. Wellington Management serves clients in more than 50 countries.
About The Hartford
With more than 200 years of expertise, The Hartford (NYSE: HIG) is a leader in property and casualty insurance, group benefits and mutual funds. The company is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at www.thehartford.com.
Hartford Mutual Funds are underwritten and distributed by Hartford Investment Financial Services, LLC.
Wellington Management Company, LLP is an independent and unaffiliated sub-adviser to The Hartford.
All investments are subject to risk, including the possible loss of principal.
You should carefully consider investment objectives, risks, charges, and expenses of Hartford Mutual Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained from your investment representative or by calling 888-843-7824. Please read them carefully before you invest or send money.
Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our Quarterly Reports on Form 10-Q, our 2011 Annual Report on Form 10-K and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.