Advisors Asset Management Selected by Hatteras Funds to Distribute its Mutual Funds at Merrill Lynch and Wells Fargo

MONUMENT, Colo., Nov. 15, 2011 /PRNewswire/ -- Advisors Asset Management (AAM), a trusted investment solutions partner for Financial Advisors and broker-dealers, has been selected by Hatteras Funds, a boutique alternative investment specialist providing unique alternative investment solutions for Financial Advisors and their clients, to distribute Hatteras Funds alternative mutual funds at Merrill Lynch and Wells Fargo.

"We are very excited about collaborating with Hatteras Funds, which offers unique alternative investment strategies," said Andrew Williams, President of AAM. "Our independence allows us to partner with best-in-class investment managers like Hatteras Funds and highlight their offerings using our distribution capabilities and wirehouse relationships."

Hatteras Funds manages several liquid alternative mutual funds including Hatteras Alpha Hedged Strategies Fund (Ticker: ALPHX), a multi-strategy, multi-manager fund offering daily liquidity and position level transparency. Additionally, Hatteras Funds manages several single strategy, multi-manager alternative mutual funds including Hatteras Long/Short Debt Fund and Hatteras Long/Short Equity Fund.

AAM has previously entered strategic partnerships with boutique institutional asset managers, including Bahl & Gaynor Investment Counsel, Chartwell Investment Partners, Gratry & Co, and WisdomTree Investments, Inc.

"We are thrilled to partner with AAM," said Brian Jacobs, CEO of Hatteras Funds. "By combining AAM's distribution efforts with our portfolio management expertise and alternative investment specialists, we believe Merrill Lynch and Wells Fargo advisors will gain greater access to liquid alternative strategies and a superior level of service."

For more information about AAM, please contact Chris Moon at 973-850-7304 or [email protected]. For more information about Hatteras Funds, please contact Tony Kono at 973-850-7323 or [email protected].

About Advisors Asset Management

For more than 30 years, Advisors Asset Management (AAM) has been a trusted investment solutions partner for financial advisors and broker-dealers. AAM provides a diverse range of innovative, high-quality products and support services that enable advisors to meet their clients' needs. It offers access to the fixed income markets, as well as portfolio analytics, unit investment trusts (UITs), exchange-traded funds (ETFs), structured products, separately managed accounts (SMAs) and alternative investments. In addition, the firm offers highly specialized sales support services to advisors on an ongoing basis. AAM has 10 major offices across the nation and partners with more than 90 broker-dealers and over 35,000 financial professionals. AAM is a broker-dealer, member FINRA/SIPC and SEC-registered investment advisor. For more information, visit www.aam.us.com.

About Hatteras Funds

Hatteras Funds provides unique alternative investment solutions for financial advisors and their clients. We believe that all investors should have access to the same sophisticated investment approach and superior portfolio management talent as the largest institutions. A boutique alternative investment specialist founded in 2003, Hatteras Funds offers a suite of innovative products designed to solve specific portfolio needs. The Raleigh, N.C.-based firm manages $2 billion in alternative investment strategies for a broad range of institutions, endowments, pensions and high net worth individuals. For more information, please visit www.hatterasmutualfunds.com.

SOURCE Advisors Asset Management