Touchstone Investments of Cincinnati announced that it has introduced 10 mutual funds.
Each fund features multiple share classes for retail and institutional investors. Touchstone named 10 institutional asset managers to act as subadvisors for each of the funds, joining the 13 subadvisors who manage Touchstone's 27 existing funds.
The new funds consist of four domestic equity funds, two international equity funds, two fixed-income funds and two alternative investment funds. Touchstone, which launched the funds Thursday, had $42 billion of assets under management at Dec. 31.