W.E. Donoghue has some exciting news about a new mutual fund. Read the recent press release.
For Immediate Release
Summary section: W.E. Donoghue today announced the acquisition of JAForlines Global, an investment management company specializing in risk-managed global tactical strategies.
BOSTON, Mass., January 3, 2018 – W.E. Donoghue & Co., LLC (“W.E. Donoghue”), an investment firm specializing in defensive tactical strategies, today announced the definitive agreement to acquire JAForlines Global, LLC (“JFG”), an investment management company specializing in risk-managed global tactical strategies. The transaction, which occurred on December 29, 2017, added over $700 million to W.E. Donoghue’s assets under management or under advisement bringing the combined total to approximately $3.3 billion in mutual fund and separately managed accounts. The transaction was supported by Minella Capital Management, LLC a majority owner of W.E. Donoghue.