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American Skandia creates three funds for ASAF


American Skandia has added three new funds to the American Skandia Advisor Funds family. The new funds are: the ASAF Marsico Capital Growth Fund, which is managed by Tom Marsico.; the ASAF Neuberger&Berman Midcap Growth Fund, managed by Jennifer Silver, former manager of the Putnam Ultra Fund; and the ASAF Neuberger&Berman MidCap Value Fund, which is co-managed by Michael Kassen and Bob Gendelman.

ASAF, introduced earlier this year, now has 16 funds using 12 different advisers and over $300 million in assets under management.