completed its latest round of fund mergers last month. This newest round comes a year and four months after RiverSource's parent finished its purchase of New York City fund firm J & W Seligman
. It also comes as Ameriprise is
about to complete its acquisition of Columbia Management's
long-term asset management business.
According to RiverSource's
, the Minneapolis-based fund firm merged the following effective March 29:
RiverSource Partners Aggressive Growth Fund into the RiverSource
Mid Cap Growth Fund
RiverSource Partners Select Value Fund into the RiverSource Mid Cap Value Fund
RiverSource Partners Small Cap Growth Fund into the Seligman Frontier Fund
RiverSource Partners Small Cap Equity Fund into the Seligman Smaller-Cap Value Fund
RiverSource Smaller Companies Fund into the RiverSource Partners International Small Cap Fund
RiverSource Tax-Exempt Money Market Fund into the RiverSource Government Money Market Fund
Last year, RiverSource completed four rounds of fund mergers affecting RiverSource, Seligman and Threadneedle funds.
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