Touchstone Adds Growth Fund

According to a press release, the Cincinnati-based firm will rely on its sub-adviser, Mazama Capital Management, Inc., to manage its investments and make daily portfolio decisions.

The Mazama Institutional Growth Fund uses a fundamental, bottom-up research process, primarily focusing on companies with market capitalizations represented by the Russell Midcap Growth Index and seeks to outperform the Index over the long term, according to the firm. Mazama’s investment team uses its proprietary Price Performance Model to identify and track the growth companies believed to represent the best opportunities in the market. Mazama believes that people are the most important factor in determining the success of any business, according to the announcement.

This strategy has been available since 2004 through Mazama to institutions investing at least $50 million. The Touchstone Mazama Institutional Growth Fund is available to institutional investors including registered investment advisers, private banks, endowments, foundations and consultants for a minimum initial investment of $500,000.

Headquartered in Portland, Oregon, Mazama Capital Management is an independent investment management firm specializing in growth equity investing for large institutional clients. Ronald A. Sauer, president, CEO and chief investment officer of Mazama Capital Management will lead a team of 11 sector specialists that includes portfolio manager, Gretchen Novak, CFA and associate portfolio manager, Joel Rubenstein.

For more information please visit http://www.touchstoneinvestments.com.