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Hatteras Funds Brian Jacobs

Hatteras Funds selects Advisors Asset Management to distribute its mutual funds at Merrill Lynch and Wells Fargo

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Hatteras Funds, a boutique alternative investment specialist providing alternative investment solutions for Financial Advisors and their clients, has selected Advisors Asset Management (AAM) to distribute its mutual funds. AAM will now service the Hatteras Alternative Mutual Funds to the approximate 20,000 Financial Advisors at Merrill Lynch and Wells Fargo.

Hatteras Funds manages several liquid alternative mutual funds including Hatteras Alpha Hedged Strategies Fund (ticker:ALPHX), a multi-strategy, multi-manager fund offering daily liquidity and position level transparency. Additionally, Hatteras Funds manages several single-strategy, multi-manager alternative mutual funds including Hatteras Long/Short Debt Fund and Hatteras Long/Short Equity Fund.

"We are pleased to be working with such an experienced partner as AAM to better service and support the Financial Advisors at Merrill Lynch and Wells Fargo," says Brian Jacobs (pictured), CEO of Hatteras Funds. "Sixty AAM sales professionals supported by 12 Hatteras Funds’ alternative investment specialists will provide a comprehensive and powerful distribution effort."

"We are very excited about collaborating with Hatteras Funds, which offers unique alternative investment strategies," says Andrew Williams, President of AAM. "Our independence allows us to partner with best-in-class investment managers like Hatteras Funds and highlight their offerings using our distribution capabilities and wirehouse relationships."

This unique distribution model, combining alternatives specialists alongside broader generalists, is designed to serve Financial Advisors’ increased demand for alternative investment solutions.
 

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