MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, July 7, 2006 Latest on Sale of Michigan Fund Company Comerica Inc. may offload its mutual fund division to a private equity firm, reports suggest. It's been known since at least April that Comerica's seeking a buyer for Munder Funds. According to Banknet360, Munder -- which manages some $41 billion in assets -- has brought bids from "several" private equity firms. The Birmingham, Michigan-based division is expected to fetch in the neighborhood of $1 billion. Printed from: MFWire.com/story.asp?s=12173 Copyright 2006, InvestmentWires, Inc. All Rights Reserved |