|
|
Article: Smith Barney Consulting Group Appoints Placemark Investments as Overlay Manager for New SELECT Portfolios Program; Portfolios Integrate Unaffiliated Managers Chosen by Consulting Group; Offers Sophisticated Tax Management Features.
- Article from:
- Business Wire
- Article date:
- April 10, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
DALLAS and WELLESLEY, Mass. -- Placemark Investments, the leading overlay manager to financial services companies, is pleased to announce that Smith Barney Consulting Group (CG), the managed account unit of Citigroup Global Markets Inc. (NYSE: C), has appointed the firm as the active overlay manager for its new SELECT Portfolios, a multiple-strategy portfolios program that is available now to more than 13,000 Smith Barney Financial Advisors and their clients.
The SELECT Portfolios provide a variety of pre-defined asset classes and investment styles that are sub-advised by unaffiliated investment managers chosen by Smith Barney Consulting Group. The SELECT ...