MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, October 21, 2009 Hartstein is Looking to Buy, Continue Adoption Spree John Hancock Funds president and CEO Keith Hartstein is on the lookout for acquisition and adoption prospects, according to a published report. The Boston firm is continuing the adoption strategy it started in 2002. It has since completed nine transactions. This summer, it unveiled plans to adopt Fiduciary Management Associates' FMA Small Company Portfolio. According to InvestmentNews, Hancock ultimately would like to purchase a big fund group or make a series of smaller buys. "The most important thing with acquiring a fund family is getting the talent that has a good track record," Hartstein told the pub. Printed from: MFWire.com/story.asp?s=23004 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |