FGIC Advisors Inc. last week announced the expansion of its
management fund program for municipalities into several new
FGIC Advisors has entered into a joint venture agreement with
Denver-based Langhoff Brooks & Co. to introduce the program,
Trust, in Colorado.
Langhoff Brooks will act as a sales agent for the trust, which
distributed by ALPS Mutual Funds Services Inc. of Denver. The
trust consists of
two funds, the US Treasury Money Market fund and the Short-Term
Government Income fund, both of which became operational in
In addition, ALPs has hired Richard Thivierge as New England
manager and David Nauss as the region's marketing consultant for
Public Trust's expansion into Connecticut, Maine, Massachusetts,
Both men were executives with the former Connecticut Bank &
"This is the beginning of a specific strategy to roll out into
both funds are allowable investments," said Stephen Attanasio,
operating officer for mutual fund management for FGIC Advisors.
FGIC Advisors is also working with PackerKane & Co.'s Winter
Fla., office to begin the program in Florida, Attanasio said.
Both funds are registered with the Securities and Exchange
and are rated triple-A by Standard & Poor's Corp. and Moody's
FGIC Advisors is a subsidiary of FGIC Holdings, the parent
of Financial Guaranty Insurance Co.