New York (Feb. 11, 2003) -- Citigroup Asset Management has teamed with independent money management firm Olstein & Associates to launch the Smith Barney Classic Values Fund.
The new fund will be sub-advised by the Olstein team led by value investor Robert Olstein, who was a portfolio manager at SSB for 14 years before starting his own firm in 1995. Subscriptions to the fund will be accepted beginning March 3.
As of Dec. 31, 2002, Citigroup Asset Management managed $479 billion in assets for individuals, institutions, corporations and governmental entities worldwide.
-- Electronic Accountant Newswire Staff
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