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, August 11, 2010 New York Life Chalks Up $5 Billion of Mutual Fund Sales New York Life executives said Wednesday morning that mutual fund sales in the first six months of the year totaled more than $5 billion. Of that figure, more than $4 billion of sales came through third-party distribution channels.
New York Life sponsors the MainStay line of mutual funds. "We continue to have good success with our Third Party distribution strategy, complementing our core distribution system of career agents," said Chris Blunt, executive vice president in charge of retirement income security, in a news release. "Our ability to achieve this was helped by the strong line-up of funds managed by our investment management subsidiary," he said. Printed from: MFWire.com/story.asp?s=33102 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |
