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Friday, April 23, 2010|
Mutual Funds Heat Up at Frost
San Antonio, Texas-based Frost Investment Advisors has already passed the $2 billion assets under management mark for its mutual funds -- and it's only been in the business for two years, according to a company release. The firm, a wholly-owned subsidiary of Cullen/Frost Bankers, Inc., began offering institutional shares of thirteen mutual funds in April 2008, and it launched retail shares in June 2008.
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