MutualFundWire.com: Hartford Sees a Drop in Prop. MF Assets
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Wednesday, November 3, 2010

Hartford Sees a Drop in Prop. MF Assets


The Hartford Financial Services Group's [see profile] mutual funds business in Q3 reported an account value of $95 billion, an increase of four percent over the same period last year.

At the beginning of 2010, Hartford's investment-only mutual funds, Canadian mutual funds and proprietary mutual funds assets and results were transferred to the Mutual Funds business for reporting purposes on a prospective basis.

The firm had proprietary mutual fund assets of $41.8 billion and $44.8 billion in 2010 and 2009, respectively.


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