News Column

Liberty All-Star® Growth Fund, Inc. Announces New Portfolio Manager

June 21, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- The Board of Directors of Liberty All-Star Growth Fund, Inc. (the "Fund") (NYSE: ASG) has appointed Sustainable Growth Advisers, LP ("Sustainable") as one of the Fund's investment managers subject to shareholder approval.

Sustainable will practice a large capitalization growth investment style, which will be used to manage their portion of the Fund's assets. The Fund's other portfolio managers are Weatherbie Capital, LLC and TCW Investment Management Company.

ALPS Advisors, Inc. is the investment advisor of the Fund, a multi-managed, closed-end investment company with more than $128 million in net assets. The Fund's shares are listed on the New York Stock Exchange under the symbol ASG.

The Fund is a closed-end fund and does not continuously offer shares. The Fund trades in the secondary market, investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value.

Keywords for this news article include: Finance and Investment, Investment and Finance, Liberty All-Star Growth Fund Inc.

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Source: Investment Weekly News