Strong Nets PA Money Manager

July 1, 2002 ( - Strong Financial Corporation has agreed to acquire a Pittsburgh, Pennsylvania investment advisory firm. Terms were not disclosed.

According to an announcement, Rockhaven Asset Management advises the Rockhaven Fund (assets $5 million) and the Rockhaven Premier Dividend Fund (assets $35 million). Rockhaven also is a sub-advisor to two AmSouth equity funds

Rockhaven Asset Management is jointly owned by president and chief investment officer Christopher Wiles and AmSouth Investment Management Company.

Upon approval by Rockhaven shareholders, Strong would acquire the investment advisory contract for the two Rockhaven funds. The firm’s six employees will also join Strong.

Rockhaven Asset Management will be dissolved, the announcement said.