Icap is a wholly-owned but autonomous subsidiary of New York Life Investment Management.Д®poch is not an affiliate of New York Life Investment Management but in 2009 the two firms entered into a strategic relationship, which saw the latter adopt the formerвЂ™s mutual funds. вЂMainstayвЂ™s relationship with Epoch spans more than eight years, and the firm is confident that the Epoch team will deliver improved risk-adjusted returns for investors seeking active equity mutual funds,вЂ™ she said. The switch has occurred because Mainstay and its board decided it was in the best interest of shareholders to replace Icap with Epoch, according to a spokeswoman for the firm. Icap was also replaced by Epoch on the Mainstay VP Icap Select Equity portfolio, which is a variable annuity version of the Select Equity fund.

At Epoch he will run the same fund withВ Booth andВ Welhoelter. He had run the international fund alongside Cole and Starr. Kirtley had previoulsy worked at Icap but joined Epoch in January. The Mainstay Icap International fund will be renamed the Mainstay Epoch International Choice fund. Christian Kirtley all manage the Mainstay Map fund. Cole, Starr and Swanson from Institutional Capital no longer manage the fund, effective January 9 2017.Д¬hristopher Mullarkey and James Mulvey are the Map fundвЂ™s managers from Markston International.ДЇrom EpochвЂ™s team, Priest, Welhoelter, David PearlВ and J. The reorganized fund will be managed by Eric Sappenfield, Michael Welhoelter, William Priest, John Tobin and Kera Van Valen from Epoch.Д®poch also now manages the Mainstay Map fund along with another subadvisor, Markston International. Thomas Cole, Andrew Starr, and Matthew Swanson for Icap managed the two funds. The MainStay Icap Equity fund and the Mainstay Icap Select Equity fund will be reorganized into the Mainstay Epoch US Equity Yield fund, effective on or around May 8 2017. New York Life Investment Management has replaced a subadvisor on four mutual funds and a variable annuity portfolio.Д¬hicago-based Institutional Capital (Icap), which managed the $1.5 billion Mainstay Icap Select Equity fund, the $1.4 billion Mainstay Map fund, the $809.5 million Mainstay Icap International fund, and the $620.9 million Mainstay Icap Equity fund has been replaced with Epoch Investment Partners, according to Security and Exchange Commission filings.

Mainstay icap select equity