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

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

Rating:Invesco Execs Say Deal is On Track to Close by Mid-Year Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, February 1, 2010

Invesco Execs Say Deal is On Track to Close by Mid-Year

Reported by InvestmentWires Staff, 

Invesco executives said last week that their acquisition of Morgan Stanley's retail asset management business is on track to close before the second half of the year.

"Fund shareholder consent process is on track to maintain closing before second half of 2010," according to a presentation given by executives last Thursday when they announced the Atlanta-headquartered firm's fourth quarter 2009 earnings.

Invesco officials also said that efforts to transition Van Kampen onto a single global operating platform "at close are on track."

With regard to clients, efforts are underway to develop joint client strategy teams to "prioritize growth initiatives for top 10 clients." Those top 10 clients, which were not identified in the presentation, account for 70 percent of combined 2009 sales.  

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

0.0
 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