, 48, is mulling mutual funds at his new namesake firm. Barron's
reports that O'Shaughnessy, who left doomed Bear Stearns
in March to start O'Shaughnessy Asset Management
under a pre-arranged deal, is seeking backers so that his firm can launch new mutual funds. Currently, O'Shaughnessy manages $6 billion in mutual fund assets for the Royal Bank of Canada's
mutual fund unit. Another partnership like this with a big fund firm is what O'Shaughnessy tells Barron's he is hoping to replicate in other markets including the U.S.
Stay ahead of the news ... Sign up for our email alerts now