ING Investment Management, Inc. in Canada (ING Funds) announced today that Aeltus Investment Management, Inc. has become a sub-advisor to the ING US Equity Fund, effective immediately.

Aeltus, part of ING Investment Management in the United States, has been managing institutional and retail assets since 1972. Based in Hartford, Conn., Aeltus manages over US$38 billion in assets.

According to Doug Paul, ING Funds’ Managing Director, Aeltus’ success lies in its quantitative and systematic investment management approach. “We are thrilled to offer Aeltus’ investment capabilities to our clients because of their proven long-term track record of managing U.S. equities,” said Paul.