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Aeltus Expanding to West Coast

Aeltus Investment Management is expanding to the West Coast and opening an office in Los Angeles. The company is adviser to the Aetna Funds. The office will be headed by Yaniv Tepper, manager of the Aetna Real Estate Equity Portfolio. He will be joined by his assistant portfolio manager, Paul E. Adornato. The Aetna Funds are based in Hartford and have $49 billion in assets under management.