Virtus opens int’l fund

Virtus Investment in Hartford has launched an international fund.

The new fund is subadvised by Pyrford International in London.

“Broadening exposure to international markets is a strategy that many financial advisors and their clients embrace,” said Frank Waltman, executive vice president, product management, at Virtus.  “The addition of the Pyrford-managed fund will complement our existing product line and offer our clients greater choice for the international allocation in their portfolio.”

The fund invests in 15 to 20 countries in both developed and emerging markets.

The fund is co-managed, among others, by Pyrford’s investment chief Tony Cousins, and Bruce Campbell, CEO and joint chief investment officer.