The Hartford, which launched a proprietary mutual fund family 18 months ago, said it amassed $1 billion of assets under management as of Jan. 20.

The insurance company created its eight Hartford Mutual Funds as an investment complement to its variable annuities. According to the insurer, Strategic Insight, a New York-based research firm, has recognized the portfolios as the first open-end fund family ever to reach $1 billion of assets in less than 18 months.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.