Oct 31, 2012
RALEIGH, N.C., Oct. 31, 2012 /PRNewswire/ -- Sterling Capital Management is celebrating the 20th anniversary of the Sterling Capital Funds family. Since it began operations in October 1992, the Sterling family of funds has grown from a group of five to a well-diversified line of 22 mutual funds. The Sterling Capital Funds family is guided by an experienced team, providing access to virtually every asset class and sector. As of Sept. 30, 2012, the fund family had more than $5 billion in assets under management.
"We are excited to be celebrating this landmark event and greatly appreciate the support of our shareholders and advisors who have entrusted a portion of their portfolios to us during the past 20 years," said Alex McAlister, president of Sterling Capital Management. "We take this responsibility very seriously and believe we are well positioned to provide client-driven investment solutions for decades to come."
"This marks an important time for Sterling Capital Funds as we continue to see an upward trend in growth of the fund family," said Andrew Tate, managing director and head of client service and marketing for the firm. "Our primary goals are to provide clients with a choice of world-class investments and exemplary service. We will work diligently, as we always have, to achieve these goals."
About Sterling Capital Management - Advisor to the Sterling Capital Funds
Sterling Capital Management LLC is a registered investment advisor founded in 1970. Sterling is an independently operated subsidiary of BB&T Corporation, one of the nation's largest financial services holding companies.
Headquartered in Charlotte, N.C., with offices in Raleigh, N.C.; Atlanta, Ga.; and San Francisco, Calif.; Sterling has more than $38 billion in assets under management overseen by 82 investment and client services professionals. Sterling provides investment management services to a diversified group of clients including corporate, public, healthcare, private clients, endowment, foundation, insurance, sub-advisory, and managed investment pools in 40 states and 10 countries.
Mutual fund investing involves risk including the possible loss of principal. You should consider the investment objectives, risks, charges and expenses of the Sterling Capital Funds carefully before investing. A prospectus with this and other information may be obtained at 800-228-1872 or www.SterlingCapitalFunds.com. The prospectus should be read carefully before investing.
The Sterling Capital Funds are distributed by Sterling Capital Distributors LLC, not an advisor affiliate.
Not a deposit • Not FDIC insured • May lose value • Not guaranteed by the bank • Not insured by any government agency
SOURCE Sterling Capital Management
For further information: Andrew Tate, CFA, Managing Director, Sterling Capital Management, +1-704-927-4112, ATate@Sterling-Capital.com, or Tony DeLucia, Executive Director, Sterling Capital Management, +1-919-716-6237, TDelucia@Sterling-Capital.com