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Aetna Retirement Services to offer Chapman fund

Aetna Retirement Services announced that Aetna Life Insurance and Annuity company has formed an alliance to offer the Chapman DEM Equity Fund, managed by the Baltimore-based Chapman Company. The Chapman Company is one of the nation's leading minority-controlled investment banking firms and broker/dealers.

The Chapman DEM (Domestic Emerging Markets) Equity Fund invests in publicly-traded companies that are controlled by women, African-Americans, Asian-Americans or Latinos. The portfolio includes companies representing growth industries that are often overlooked and appear undervalued.

The Chapman Company, which has $590 million in assets under management, gears its portfolio to value-oriented, small to mid-sized growth companies with strong management.