Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Blunt is on the Hunt for Acquisitions Not Rated 1.0 Email Routing List Email & Route  Print Print
Monday, November 16, 2009

Blunt is on the Hunt for Acquisitions

by: Armie Margaret Lee

Fund firms with AUM in the $15 billion to $25 billion range that are looking to sell may want to give Chris Blunt a call.

Blunt, executive vice president in charge of the retirement income security group at New York Life, is on the hunt to buy one or more fund companies to bolster assets at MainStay Funds, InvestmentNews reported.

"Our fund complex makes very little money," Blunt told the pub, "We are right at the break-even point and buying a fund business would contribute to our bottom line."

Blunt is in discussions with an unspecified number of firms.

Separately, New York Life is in talks to link up with a fund firm for distribution or product development, according to the report. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

1.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use