Established in 1960, OppenheimerFunds is a mutual fund company that provides a range of financial products and related services for individuals and businesses. It is one of the largest asset management companies in the United States. The company specializes in the areas of variable annuities, equities, municipal bonds, securities, and hedge and mutual funds. It offers portfolio management, asset allocation, financial planning, risk assessment, alternative investment, market analysis, reporting and consulting services. The company additionally provides education, training, sales, marketing, documentation and online application filling services. It offers services to corporations and financial institutions. OppenheimerFunds is a part of Massachusetts Mutual Life Insurance Company.