Allegiant Targets Public Funds with New Sales Leader

Based in the San Francisco Bay Area, Posner will focus primarily on developing and expanding Allegiant’s relationships in the Public Fund marketplace, according to a press release. Prior to joining Allegiant, Posner spent seven years with FTSE Americas Inc. Posner has also held positions with MyPoints.com, Inc., Charles Schwab & Co., Inc., and American Futures Group, Inc.

“Laurie has more than 15 years of sales experience and an impeccable performance history. We look forward to her leading the firm’s sales efforts on the West Coast, an important and new market for us,” said Rob Joseph, Managing Director of Institutional Sales at Allegiant.

Allegiant Asset Management Group comprises Allegiant Asset Management Company (“Allegiant”), Allegiant Funds and Allegiant Institutional Services. Allegiant is an SEC-registered investment advisor and a subsidiary of National City Corporation (NCC). The firm delivers investment management strategies to institutional clients and has more than $30 billion in assets under management (as of December 31, 2007.

Allegiant serves as the investment advisor to Allegiant Funds – a mutual fund family of domestic and international equity, taxable and tax-exempt fixed income and money market portfolios. Allegiant Institutional Services, a business unit of National City Bank, offers recordkeeping, trustee and/or custody services, and serves hundreds of retirement plan clients nationwide.