KANSAS CITY, Mo., April 16,2015 /PRNewswire/ -- M3Sixty Administration, LLC ("M3Sixty") announces the launch of Stringer Asset Management's ("Stringer") new Moderate Growth Fund.
After a successful spin-off from Raymond James - Morgan Keegan in early 2013, Stringer teamed up with M3Sixty to launch the Stringer Growth Fund. Since its founding in March 2013, the fund has experienced significant growth in assets due to its experienced fund management team, marketing and competitive cost platform provided by M3Sixty. Building on this success, Stringer has launched a Moderate Growth Fund in partnership with M3Sixty in response to investor demand and market conditions.
"The launch of our first mutual fund, and our partnership with M3Sixty, has exceeded our expectations. We are excited to launch our second fund, and expect to see similarly impressive results for investors and our partners. The more balanced approach of the Moderate Growth Fund may prove to be timely in today's market environment."
– Gary Stringer, Chief Investment Officer, Stringer Asset Management.
According to Randy Linscott, CEO of M3Sixty "Stringer's success is a product of assembling a great team of managers with operations and marketing expertise. They have been highly successful building the Stringer Growth Fund and we are delighted they are expanding their offerings by leveraging our platform to provide continued value to their shareholders and firm with the goal of institutionalizing long-term success for all parties."
M3Sixty is full-service Fund Administration provider with 20 plus years in the industry specializing in fund accounting, transfer agency, distribution, fund administration, medallion broker, broker/dealer, trade execution and its shared series trust all under one corporate umbrella. Its related entities include: M3Sixty Advisors, M3Sixty Distributors and Matrix Capital Group. This privately-held firm is led by the leadership team of Randy Linscott and Brandon Byrd whose combined experience in the field exceeds 30 years. Headquartered in Kansas City, MO, M3Sixty also operates offices in New York and Pennsylvania.
CONTACT: M3Sixty, 1-816-787-0718, [email protected]
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SOURCE M3Sixty Administration, LLC