Financial News

Hartford Funds Announces Greg Frost as Next President

Frost will succeed current President Jim Davey after 14 years in the role

Hartford Funds, a leading global asset manager, today announced that current Chief Financial Officer (CFO) Greg Frost will assume the role of President, effective January 1, 2025, after current President Jim Davey steps down on December 31, 2024. Frost, who has served as the company’s CFO since 2012, will step into the role following Davey’s 14-year tenure.

“It has been an honor to have led Hartford Funds over the past 14 years, and I’ve been proud to collaborate with a dedicated group of colleagues and our sub-advisor partners to drive growth and innovation at the firm,” said Davey. “In working closely with Greg for more than a decade, I have seen firsthand his commitment to Hartford Funds and our stakeholders. He has been a trusted partner and advisor to me over the years, and I know the firm is in excellent hands under his leadership.”

Since Davey was appointed President in 2010, Hartford Funds has seen consistent growth in a constantly evolving industry, including a doubling of mutual fund assets under management and earnings. He also significantly expanded the firm’s investment capabilities and diversified its product offering through the acquisition of Lattice Strategies and the establishment of a strategic sub-advisory relationship with Schroders in 2016. In addition, he led the development of dozens of new products including active and systematic ETFs, SMAs and private equity.

During his 12 years as CFO, Frost has been responsible for all aspects of finance, technology and operations. Frost has worked closely with Davey and Hartford Funds’ entire C-suite leadership team to advance the company’s goals and further its dedication to its stakeholders. He previously spent nearly 15 years at Janus Capital (now Janus Henderson Investors) in several roles, including CFO.

“I am deeply grateful for Jim’s years of leadership and significant contributions to Hartford Funds and wish him well in his next chapter,” added Christopher Swift, Chairman and CEO of The Hartford, parent company of Hartford Funds. “Greg has been an instrumental part of Hartford Funds’ growth and success, and this transition reflects a strategic succession plan that has been in place for several years. I have full confidence in Greg’s leadership and commitment to the firm and its clients.”

“For 14 years, Jim has been steadfast in his commitment to Hartford Funds, our clients and our sub-advisory and distribution partners,” said Frost. “I am proud of all we have accomplished together and am grateful for the opportunity to lead Hartford Funds into the next chapter of growth.”

To learn more about Hartford Funds, visit hartfordfunds.com.

About Hartford Funds

Founded in 1996, Hartford Funds is a leading asset manager, which provides mutual funds, ETFs, and 529 college savings plans. Using its human-centric investing approach, Hartford Funds creates strategies and tools designed to address the needs and wants of investors. Leveraging partnerships with leading experts, Hartford Funds delivers insight into the latest demographic trends and investor behavior.

The firm’s product line-up includes more than 50 mutual funds and ETFs in a variety of styles and asset classes. Its mutual funds (with the exception of certain fund of funds) are sub-advised by Wellington Management or Schroder Investment Management North America Inc. The strategic beta ETFs offered by Hartford Funds are designed to help address investors’ evolving needs by leveraging a unique risk-optimized approach, which identifies risks within each asset class and then deliberately and systematically re-allocates capital toward risks more likely to enhance return potential. Excluding affiliated funds of funds, as of March 31, 2024, Hartford Funds’ investment advisory business had approximately $135.6 billion in discretionary and non-discretionary assets under management. For more information about our investment family, visit http://www.hartfordfunds.com.

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