MutualFundWire.com: Fund Firms Want In on the Treasury Program
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Wednesday, March 25, 2009

Fund Firms Want In on the Treasury Program


In her Getting Personal column published Wednesday afternoon, Dow Jones' Daisy Maxey gauged the interest of fund firms in the Treasury Department's toxic asset program. Several fund shops, including T. Rowe, Legg Mason subsidiary Western Asset Management, are interested in participating either as buyers of debt or as asset managers, or are seeking further information on the program.

Other firms that are evaluating the program include Vanguard, Fidelity, Capital Group and Columbia Management parent Bank of America.

Earlier, BlackRock and Pimco had already declared their intention to participate.


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