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Rating:Graziano Shares His Three-Year, Asset-Doubling Plan Not Rated 1.0 Email Routing List Email & Route  Print Print
Friday, January 18, 2013

Graziano Shares His Three-Year, Asset-Doubling Plan

News summary by MFWire's editors

Steve Graziano, chief executive of Touchstone Investments [profile], 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.

Well be actively looking for acquisitions, Graziano tells the Cincinnati Business Journal. Of course, all the stars have to align. Its not about buying more product; we have enough of that. Its about getting more assets."

Read more about the plan here

Edited by: Tommy Fernandez

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