The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:As a PM Retires, a Familiar Small Cap Subadvisor Steps Up Not Rated 5.0 Email Routing List Email & Route  Print Print
Friday, July 07, 2017

As a PM Retires, a Familiar Small Cap Subadvisor Steps Up

Reported by Sophie Alexander

Alameda, California-based Phocas Financial is becoming the subadvisor of the Frontier Netols Small Cap Value Fund as Jeff Netols, the fund’s lead PM, retires. Netols is the owner of the fund's current subadvisor, Netols Asset Management.

William Schaff
Phocas Financial
Northbrook, Illinois-based Frontegra Asset Management is the fund’s advisor and Netols Asset Management is the fund’s subadvisor until Phocas takes over. Netols declined to comment on what's next for the firm.

“In order to avoid disruption, the board decided to switch the subadvisor over to Phocas,” Bill Forsyth, President of Frontegra, tells MFWire.

Forsyth says that Netols Asset Management will close after the change because this is the firm's only fund. He also says nothing will change on Frontegra's end as advisor.

The switch was scheduled for July 3.

"We’ve had a long standing relationship with the fund’s trustees, so they trust us and they’re comfortable with us which makes the transition smooth,” Bill Schaff, CEO of Phocas, tells MFWire. “It should go pretty seamlessly."

The fund currently has $48.4 million in AUM. Steve Block of Phocas will manage the fund along with Schaff. Schaff says he doesn’t have plans to change the management strategy of the fund. Schaff and Block are currently PMs on the Frontier Phocas Small Cap Value Fund.

Netols founded Mequon, Wisconsin-based Netols Asset Management in 2000 and launched the Netols Fund in 2007. Before founding his firm, Netols was a PM for Associated Bank Corp and Putnam Investments.  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2022: Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2022
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use