The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Wednesday, September 25, 2013|
MainStay's Parent Buys a $100B Asset Manager Overseas
New York Life Investments, parent of MainStay Funds [profile], revealed 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.
Printed from: MFWire.com/story.asp?s=46194
Copyright 2013, InvestmentWires, Inc.
All Rights Reserved