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Administration January 7, 2002
Strong Nets PA Money Manager
July 1, 2002 (PLANSPONSOR.com) - Strong Financial
Corporation has agreed to acquire a Pittsburgh, Pennsylvania
investment advisory firm. Terms were not disclosed.
Reported by Fred Schneyer
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.