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Sun Capital's SC Goldman Sachs Mid Cap Value Fund gets new management
By Toni Weeks
San Diego, Oct. 19 - Sun Capital Advisers Trust announced that its SC Goldman Sachs Mid Cap Value Fund has changed its portfolio management team, according to a form 497 supplement filed with the Securities and Exchange Commission.
Effective Dec. 31, portfolio manager Katinka Domotorffy will retire from Goldman Sachs Asset Management, LP and will no longer have responsibilities associated with the fund.
In addition, effective immediately, Ronald Hua and Len Ioffe will be the portfolio managers. The previous portfolio managers, Andrew Alford and William J. Fallon, are no longer associated with the fund.
Hua has been a managing director and chief investment officer of Equity Alpha Strategies for Goldman Sachs Asset Management's Quantitative Investment Strategies Team since 2011. Prior to that, he was chief investment officer and head of research for Equity Investments at PanAgora Asset Management.
Ioffe joined Goldman Sachs Asset Management as an associate in 1995 and has been a portfolio manager on the QIS team since 1996 and a managing director since 2004.
Sun Capital Advisers is the Wellesley Hills, Mass.-based investment adviser for Sun Life Assurance Co. of Canada.
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