ThomasLloyd Group Launches Asset Management Group

ThomasLloyd Holdings plc has announced that the combined asset management divisions of US-based Illington Fund Management LLC and European-based DKM Asset Management AG are now operating as ThomasLloyd Global Asset Management.

ThomasLloyd Global Asset Management is a division of the ThomasLloyd Group, a global investment exchange. The asset management team is located in New York as well as Zurich, Switzerland.

According to a press release, ThomasLloyd plans to expand its mutual fund family – ThomasLloyd Funds – by launching proprietary investments and acquiring existing funds.Charles M. White will be chief strategist for ThomasLloyd Global Asset Management and Hugh Johnson will be chief strategist for the ThomasLloyd Funds and ThomasLloyd Global Asset Management (Americas).

The Illington OPTI-flex Fund has become the ThomasLloyd OPTI-flex Fund (OPTIX), and portfolio manager Jeff Unterreiner continues to manage the fund.