MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, August 4, 2009 The Sale of an AIG Unit Comes Into View AIG's asset management business may finally sell soon. Reuters' Paritosh Bansal reports that Crestview Partners and a group of others may soon buy the AIG unit, which boasts $63.5 billion in AUM, for between $300 million and $400 million. (That's a price of between 0.47 percent and 0.63 percent of assets.) Franklin Resources reportedly left the bidding last month. Printed from: MFWire.com/story.asp?s=22241 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |