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 |
|
Friday, June 24, 2005 Hitting the Billion Mark Boutique ETF firm Powershares announced that it has hit the $1 billion in assets mark. The firm said that it reached its first $500 million in assets in 17 months and the next $500 million in the following five months. OppenheimerFunds, which has well over $1 billion in assets, said its 529 business reached the $1 billion mark. OppenheimerFunds is the manager of New Mexico's direct-sold and advisor-sold college plans, as well as the advisor-sold plan in Oregon. Printed from: MFWire.com/story.asp?s=9958 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |