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September 30, 2002 at 08:00 PM
Sept. 25, 2002 — Managers Funds said the trustees of Managers Funds Special Equity (MGSEX) named Donald Smith & Co. as a subadviser of the fund, replacing Goldman Sachs Asset Management.
The portfolio will continue to have five subadvisers, each independently managing approximately 20% of the fund.
The fund’s other subadvisers include growth managers Pilgrim Baxter & Associates Ltd. and Kern Capital Management LLC, and value managers Westport Asset Management, Inc. and Skyline Asset Management, L.P. Donald Smith is the fund’s third value-oriented manager.
Goldman had been a subadvisor since 1985.
