Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Instagram Outage Disrupts Thousands of U.S. Users 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
MINNEAPOLIS, Jan. 23, 2017 -- LoCorr Funds is announcing a significant expansion to their growing business. Through the first half of 2017, LoCorr will double their distribution team throughout the United States. This expansion is planned as part of their commitment to better serve and grow their product suite.
LoCorr has experienced rapid growth over the past several years and has become a leader in providing innovative investment solutions with low correlation to stocks and bonds. They have done this by providing investors with access to world-class institutional money managers through liquid 40-Act mutual funds. “This is a very exciting time for our business,” said Kevin Kinzie, Chief Executive Officer of LoCorr Funds. “This expansion will increase our ability to educate the market on how low-correlating strategies can help provide diversification in investment portfolios.”
While 2016 was a challenging year for actively managed mutual funds overall as investors increasingly moved to more passive and index-based products, LoCorr experienced their best sales year in the company’s history and has become one of the fastest growing mutual fund companies in the U.S. They have also successfully expanded their product availability, announcing a partnership with Wells Fargo late last year, among others.
“We continue to see strong demand in the market for the solutions that we provide,” said Ruxandra Risko, Senior Vice President of National Accounts. “The growth strategy we have laid out reflects our commitment to our distribution partners and our strong belief in the value of adding these types of strategies to create well-diversified portfolios.”
About LoCorr Funds
LoCorr Funds is a leading provider of low-correlating investment strategies. They were founded on the belief that non-traditional investment strategies with low correlation to stocks and bonds can reduce risk and help increase portfolio returns. LoCorr offers investment solutions that not only provide the potential for positive returns in rising or falling markets, but also help to achieve diversification in investment portfolios. LoCorr Funds is headquartered in Excelsior, MN. For more information, please visit www.LoCorrFunds.com or call 1.888.628.2887.
Media Contact: Kristen Anderson, Marketing & Communications, 952.767.6908
The LoCorr Funds are distributed by Quasar Distributors, LLC.
© 2017 LoCorr Funds
