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Rating:Hartford Boosts Mutual Fund AUM by 40 Percent Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, April 30, 2010

Hartford Boosts Mutual Fund AUM by 40 Percent

Reported by Daniel Tovrov

In the first quarter this year, The Hartford's mutual fund business had net flows of $1.5 billion, as reported in the company's earnings statement released today.

Hartford is anticipating that number to contribute to a projected $3.25 billion to $5.25 billion of net flows for all of 2010.

Mutual fund assets under management totaled $97.7 billion at the end of Q1 2010, a 41 percent increase compared to $69.4 billion AUM at the end of Q1 2009. 

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