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

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

Rating:Russell, Wachovia to Shore Up Money Funds with Lehman
Exposure Not Rated 4.0 Email Routing List Email & Route  Print Print
Wednesday, September 17, 2008

Russell, Wachovia to Shore Up Money Funds with Lehman Exposure

by: Armie Margaret Lee

Moves by Russell Investments and Evergreen Investment parent Wachovia Corp. to shore up money market funds with exposure to Lehman Brothers Holdings are the focus of Wednesday's Wall Street Journal Fund Track by Daisy Maxey.

Russell Investments and its parent, Northwestern Mutual Life Insurance Co. will support the value of the Lehman credit held in two money funds, the Russell Investment Co. Money Market Fund and the Russell Trust Co. Short Term Investment Fund.

Meanwhile, Wachovia has entered into support agreements with Evergreen Money Market Fund, Evergreen Institutional Money Market Fund and Evergreen Prime Cash Management Fund

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

4.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
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. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use