The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Deal Boosts Aberdeen's AUM by Half a Billion Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, June 9, 2010

Deal Boosts Aberdeen's AUM by Half a Billion

Reported by Armie Margaret Lee

In March, The MFWire reported that Aberdeen Asset Management is picking up four funds from Bank of Hawaii's Pacific Capital Funds. Yesterday, Aberdeen officials spoke out about the deal.

"This reorganization allows us to add scale with funds that complement our existing mutual funds products," said Aberdeen CEO Gary Marshall in a news release.

Shareholders of four Pacific Capital Funds -- New Asia Growth Fund, International Stock Fund, Small Cap Fund and High Grade Core Fixed Income Fund -- approved the proposal at a meeting Friday last week. The reorganization will take place July 12.

In an SEC filing in March, Bank of Hawaii officials said the bank will be "further transitioning its asset management activities into an open architecture investment process." 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use