Mergers affecting distribution

Friedman, Amy S.
September 1998
National Underwriter / Life & Health Financial Services;9/28/98, Vol. 102 Issue 39, p25
Reports that mutual fund complexes are changing their distribution approach due to the mergers among financial service companies. Decrease in the number of available outlets; Distributors' need for financial incentives.


Related Articles

  • Culture clashes, lack of integration plague mergers. Williamson, Christine // Pensions & Investments;1/12/1998, Vol. 26 Issue 1, p21 

    Examines the billions of dollars spent by financial services companies, to acquire mutual fund managers in the 1990s, analyzing the success of the mergers. Reference to culture clashes in the merger trend; Information on the most successful mutual fund deals; Listing of some of the most notable...

  • Fiduciary Approves Buyout by Franklin. Ackermann, Matt // American Banker;3/19/2001, Vol. 166 Issue 53, p9 

    Reports that the board of Fiduciary Trust Co. International has approved its deal to be bought by the mutual fund company Franklin Resources Inc. Value of the deal; Estimated asset under management by the combined company.

  • Cleared to manage new funds, First Union eyes sales outlets. Talley, Karen // American Banker;6/27/1994, Vol. 159 Issue 122, p6 

    Reports on First Union Corp.'s plans to expand the sales of the Evergreen family of mutual funds. Expected completion of deal for acquisition of Evergreen Funds' parent company Lieber & Co.; Marketing of funds through various outlets; Options for compensating salespeople; Appointment of Barbara...

  • Fidelity proposing International fund merger. Yarker, Jon // Fundweb;8/21/2014, p3 

    The article reports on Fidelity Worldwide Investment's proposal to merge the 209 million Euros Fidelity International fund into the nine million Euros Fidelity Open World fund. It mentions that manager Ayesha Akbar will manage the Open World fund with co-manager James Bateman and Nick Peters,...

  • Legg to Bid for Royal of Canada Pension Unit. Ackermann, Matt // American Banker;4/9/2001, Vol. 166 Issue 68, p7 

    Discloses the plan of Legg Mason Inc. to bid for Royal Bank of Canada's institutional money management arm. Legg Mason's search for acquisitions or partners to expand its Canadian market share; Other United States-based financial services firms that plan to expand distribution in Canada; Growth...

  • Financial Engines to Acquire Brick-and-Mortar Advisory. Manganaro, John // Plan Sponsor News;2015, p1 

    The article discusses the acquisition of advisory chain Mutual Fund Store by investment advice company Financial Engines, and presents the views of Financial Engines' president Lawrence "Larry" Raffoneto on this deal.

  • With Purchase of Liberty Assets, Fleet Adds Stars to Its Galaxy. Morris, Gregory // Bank Investment Consultant;Aug2001, Vol. 9 Issue 8, p19 

    Reveals the objectives of FleetBoston Financial Corp.'s acquisition of Liberty Asset Management Co. Need to complement FleetBoston's mutual funds called Galaxy Funds; Assets under management; Development of proprietary mutual funds.

  • Bank of N.Y. Is Seeking a Boost from Niche Deals. TALLEY, KAREN // American Banker;12/6/1999, Vol. 164 Issue 232, p16 

    Details merger deals entered into by Bank of New York Co. with specialized investment firms aimed at improving the banking company's fee income. Acquisition of Estabrook Capital Management Inc. in New York state in November 1999; Bank of New York subsidiary, Esi & Co.'s purchase of...

  • Morgan Stanley to Cover Mutual Fund Losses After Tech Snafu. Weinberg, Neil; Moore, Michael J. // Financial-planning.com;9/19/2014, p5 

    The article reports that financial services firm, Morgan Stanley, will take some losses incurred by clients who purchased mutual funds after the firm failed to make the fund prospectuses accessible online. Topics include the number of mutual funds being offered by Morgan Stanley from over 300...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics