Deals & People November 6, 2007

Hartford Names New Fund Family Chief

The Hartford Financial Services Group has named Keith Sloane to the newly created position of senior vice president to lead the company’s mutual fund and 529 businesses.
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Sloane joins The Hartford’s Retail Products Group team after spending 12 years at Wachovia Securities where he was most recently Managing Director of Product Marketing, a Hartford news release said.
According to the announcement, Sloane led the Wachovia mutual fund business as well as marketing and product efforts for a range of financial products, including 529 college savings plans. Prior to joining Wachovia Securities, Sloane worked at PaineWebber for eleven years.
Along with the Sloane appointment, Hartford also announced its mutual fund family has surpassed $50 billion in assets under management as of October 1, 2007, doubling in less than three years and up 38% from just one year ago.
“We have great ambitions for our mutual fund business and believe we have the momentum, products, and talent to continue to expand our position in the industry,’ said Rob Arena, senior vice president for the Retail Products Group at The Hartford, in the announcement.

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