MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, December 21, 2009 Invesco to Trim Funds Post-Merger The number of funds in the Invesco Aim fold will go up from 100 to 240 when Invesco's $1.5 billion purchase of Morgan Stanley's retail asset management business, including Van Kampen Investments, closes next year. But by the end of the integration, the number of funds could be down to 130, Bruce Crockett, independent chairman of AIM Funds, told InvestmentNews. Crockett said Invesco will likely hold on to some Van Kampen municipal bond funds to fill gaps in Invesco's lineup. Printed from: MFWire.com/story.asp?s=23585 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |