Will target growth of the company’s fund business
RADNOR, Pa.–(BUSINESS WIRE)–Hartford Mutual Funds has named Jac McLean, 43, head of distribution. In this newly created position, McLean will be responsible for retail sales, institutional sales and key account management.
“Jac has an extensive background in sales and distribution,” said Jim Davey, executive vice president of Hartford Mutual Funds. “He has developed strong relationships over his 20 years in the industry and he will be a tremendous asset as we continue to grow and develop our mutual funds business.”
McLean began his career at MFS Fund Distributors, Inc. and held positions of increasing responsibility during his 16 years at the firm. Most recently, he served as head of U.S. retail and offshore sales at Eaton Vance. McLean holds a bachelor’s degree in political science from Boston College.
This and other recent personnel additions come on the heels of the fund family’s recently expanded relationship with Wellington Management, LLP, which now serves as the primary sub-adviser for more than 50 equity, fixed-income, multi-asset, target-retirement, and alternative funds.Hartford Mutual Funds offers a broad range of actively managed strategies designed to provide solutions for a variety of investment needs. Established in 1996, Hartford Mutual Funds has $87.3 billion in assets under management (as of September 30, 2012). For more information about the fund family, visit www.hartfordmutualfunds.com.
Wellington Management Company, LLP, is one of the world’s largest independent investment management firms, overseeing US$748 billion as of September 30, 2012. As a private firm whose sole business is investment management, it seeks a long-term view and alignment of its interests with those of its clients. The firm’s investment solutions are built on the strength of proprietary, independent research and span nearly all segments of the global capital markets, including equity, fixed income, multi-asset, and alternative strategies. Wellington Management serves clients in more than 50 countries.
About The Hartford
With more than 200 years of expertise, The Hartford (NYSE: HIG) is a leader in property and casualty insurance, group benefits and mutual funds. The company is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at www.thehartford.com.
