TITLE

Nationwide may buy fund co. for $600 million

AUTHOR(S)
Murray, M. Christian
PUB. DATE
October 1998
SOURCE
National Underwriter / Life & Health Financial Services;10/5/98, Vol. 102 Issue 40, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Cites reports that Nationwide Financial Services entered into an agreement to buy Pilgrim Baxter & Associates, a mutual fund company. Nationwide's confirmation of discussions with United Asset Management Corp., owner of Pilgrim; Pilgrim Baxter's reputation for managing the PBGH fund family; Implications of deal to involved parties.
ACCESSION #
1185765

 

Related Articles

  • Nationwide/Pilgrim Baxter talks called off. Murray, M. Christian // National Underwriter / Life & Health Financial Services;10/26/98, Vol. 102 Issue 43, p68 

    Reports on the failure of the negotiations between Nationwide Financial Services Inc. and United Asset Management Corp. concerning Nationwide's acquisition of United Asset's subsidiary Pilgrim Baxter & Associates. Speculations on the reason behind the failure; Pilgrim Baxter's move to forgo its...

  • Pilgrim Baxter celebrates fund successes.  // Pensions & Investments;4/1/1996, Vol. 24 Issue 7, p44 

    Presents information on the success of Pilgrim Baxter & Associates of Wayne, Pennsylvania, which is celebrating its first anniversary of two highly successful mutual funds. Comments from Jim McCall, portfolio manage; Statistical information on the funds.

  • UAM buys Pilgrim Baxter, top brass to stay.  // Pensions & Investments;2/20/1995, Vol. 23 Issue 4, p31 

    Reports on United Asset Management's acquisition of Pilgrim Baxter & Associates. Terms under agreement; Regulatory approval of sale by shareholders of Pilgrim Baxter funds.

  • Boston's United Asset Management may sell unit. Garmhausen, Stephen // American Banker;2/25/1999, Vol. 164 Issue 37, p11 

    Reports on the possible sale of United Asset Management Corp.'s investment management unit Pilgrim Baxter & Associates Ltd.

  • UAM and Pilgrim Baxter Again Seek Separation. Clouse, Carol J. // Investment Management Weekly;03/01/99, Vol. 12 Issue 9, p3 

    Reports that United Asset Management (UAM) and affiliate Pilgrim Baxter & Associates, are in search of a buyer for the Wayne, Pennsylvania-based money manager. Companies retained by Pilgrim to its buyer with retail distribution capabilities; Agreement of UAM with Nationwide Financial Services...

  • Nationwide Calls Deal With Aberdeen Pivotal. Garmhausen, Steve // American Banker;10/1/2007, Vol. 172 Issue 189, p8 

    The article reports that Nationwide Financial Services Inc. is selling 21 mutual funds to Aberdeen Asset Management Inc., a unit of Aberdeen Asset Management PLC of Scotland. Nationwide is noted for its use of subadvised funds within its Best of America variable annuity and life investment...

  • Super-mutual has rivals in a sweat.  // Money Marketing;10/5/2006, p30 

    The article reports that the merger of mutual funds Nationwide Financial Services Inc. and Portman will introduce a massive competitive edge into the market and leave non-mutual rivals worried about its impact on their long-term business in Great Britain, according to Members of Parliament Andy...

  • Around the Fund World. Welsh, James // On Wall Street;Sep2000, Vol. 10 Issue 9, p14 

    Presents mutual fund-related news briefs from around the world as of September 2000. Acquisition of United Asset Management by Old Mutual PLC; Kent Advisor funds introduced by Kent Funds; Details on the mutual fund supermarket launched by USAA Investment Management.

  • Nationwide Fund List Tops 500.  // American Banker;4/7/2003, Vol. 168 Issue 66, p4 

    Reports that Nationwide Financial Services Inc. has added American Funds family to its Best of America Retirement Resource program. Other funds added in the program in 2003.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

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

Try another library?
Sign out of this library

Other Topics