, chief executive of Touchstone Investments
], wants to double his firm's assets under management from its current $14.8 billion to over $30 billion in three years.
He outlines the plan to the Cincinnati Business Journal
What does that plan involve? Well one element is, of course, more acquisitions. Last year, Touchstone bought 17 former Old Mutual funds
and 16 Fifth Third funds
. He's thinking of acquiring more firms.
“We’ll be actively looking for acquisitions,” Graziano tells the Cincinnati Business Journal
. “Of course, all the stars have to align. It’s not about buying more product; we have enough of that. It’s about getting more assets."
Read more about the plan here
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