Invesco Ltd. [see profile]
last week said
that it will lower fees for most investors in 57 of its funds that are merging as a result of last year's purchase of Morgan Stanley's [see profile]
retail-fund business, which included Van Kampen [see profile]
The Wall Street Journal
up on the news today.
The firm said that the mergers will ultimately lead to savings of some $78 million over the next twp years for investors (see The MFWire 11/11/2010)
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