New York Life Investments
, parent of MainStay Funds
a deal yesterday to buy Dexia Asset Management
(which operates in Brussels, Luxembourg, Paris and Sydney) for 380 million euros. Dexia's AUM is about $100 billion and it covers 25 countries with its products. The deal is slated to close at year's end.
Neil Anderson, Managing Editor
Stay ahead of the news ... Sign up for our email alerts now