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 |
|
Thursday, February 28, 2002 Mutual Fund Dip The combined assets of the nation’s mutual funds decreased by $7billion to $6.968 trillion in January, according to the Investment Company Institute’s official survey of the mutual fund industry. * * * * * * * Lord Abbett estimates that its managed account business grew by 50% during the 2001 calendar year. The firm also contends that its assets under management for that business equal approximately $9.3 billion. The firm further states that it passed the $10 billion mark in February. Printed from: MFWire.com/story.asp?s=27295 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |