The Hartford Business Journal reports that financial services company The Hartford is moving its mutual fund headquarters to suburban Philadelphia and has plans to hire 50 more employees.
The Hartford said Thursday the relocation coincides with its expanded relationship with Wellington Management. Wellington, now sole sub-advisor for all of The Hartford's fixed-income and equity mutual funds, has operations in Radnor.
Recently, more than 100 of The Hartford's mutual-fund sales and marketing staff moved from Wayne to Radnor, authorities said.
Hartford Business Journal
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