ข่าวประชาสัมพันธ์ Press Releases ข่าวย้อนหลัง หัวข้อข่าว บลอก

Merrill Lynch Investment Managers offer complete family of retail mutual funds

General Press Releases วันพฤหัสบดีที่ ๒ มกราคม พ.ศ. ๒๕๔๖ ๑๔:๑๙ น.
ขนาดตัวอักษร: ใหญ่ กลาง เล็ก

Merrill Lynch Investment Managers (MLIM), rounding out its strategy for third-party distribution, announced today that it will offer its complete family of retail mutual funds to third party distributors under the Merrill Lynch name.

MLIM will consolidate its two retail mutual fund families into one, providing other broker/dealers, wirehouses, insurance companies and banks access to its full line-up of retail funds for the first time. This change will affect Mercury mutual funds that will be re-branded or reorganized as Merrill Lynch Funds, pending shareholder approval as required. Third-party clients will be able to invest in a broader array of mutual funds, many with lower expense ratios and longer-term track records than the current Mercury funds.

"Third-party distribution is a crucial component of MLIM's growth strategy. In terms of breadth and depth of products, few players can offer clients what we can," said Daniel J. Dart, Chief Operating Officer for its third-party retail business. "This consolidation strengthens our ability to be a major provider of investment management expertise across all asset classes and to all market segments."

In August, MLIM reaffirmed its commitment to this market segment by appointing Daniel Dart to lead the non-proprietary retail distribution business, a newly created position. MLIM has also added additional key account people to capitalize on third-party opportunities including providing investment management for subadvisory relationships, 529 college investing plans, separately managed accounts, alternative investments and the distribution of Merrill Lynch retail mutual funds.

Merrill Lynch is one of the world's leading financial management and advisory companies with offices in 37 countries and total client assets of approximately $1.3 trillion. As an investment bank, it is a leading global underwriter of debt and equity securities and a strategic advisor to corporations, governments, institutions and individuals worldwide. Through Merrill Lynch Investment Managers, the company is one of the world's largest managers of financial assets, with over $450 billion in assets under management. For more information, please visit www.ml.com.

For more complete information, including charges and expenses, regarding any Merrill Lynch mutual fund, please request a prospectus. A fund's prospectus should be read carefully before investing. FAM Distributors, Inc.

--www.theasianbanker.com (January 2, 2002)--

ขนาดตัวอักษร: ใหญ่ กลาง เล็ก

ข่าวประชาสัมพันธ์ที่เกี่ยวข้อง

US: Wells Fargo completes acquisition of montgomery mutual funds

-- part of Wells Fargo & Company (NYSE:WFC) -- has completed the acquisition of 11 mutual funds ($1.4 billion in assets under management, 4/30/03) from Montgomery Asset Management, LLC. San Francisco-based Montgomery, a subsidiary of Commerzbank, A.G., an...

India: Union Bank ties up with DSP Merrill Lynch

Union Bank of India has announced plans to distribute mutual fund products of DSP Merrill Lynch Mutual Fund as a part of its strategy to increase its fee based income and also increase the bouquet of products being offered to its clients. --www.theasianba...

Multimedia Firms Partnering Inspires Use of CD-ROM Business Cards

Studio Logic alerts clients to evolving services and partnering with A Sound Investment using CD-ROM business cards - playable on any PC computer. Las Vegas, NV " January 1, 2003 - Multimedia firm Studio Logic announces partnering of it's Las Vegas locati...

หัวข้อข่าวที่เกี่ยวข้อง

หัวข้อข่าวยอดนิยม

กรมสรรพากร ธนาคารกรุงเทพ ธนาคารกรุงไทย ธนาคารออมสิน ไปรษณีย์ไทย การบินไทย ธนาคารกสิกรไทย hotmai เพียวริคุ jobbkk ธนาคารไทยพาณิชย์ คาราบาว ดีแทค ไทยพาณิชย์ แจ่มใส เมเจอร์ ธนาคารอาคารสงเคราะห์ 12car กรุงไทย ธนาคารกรุงศรีอยุธยา กระทรวงสาธารณสุข การรถไฟแห่งประเทศไทย มิตซูบิชิ เมืองทอง ธนาคารทหารไทย ตลาดหลักทรัพย์แห่งประเทศไทย ซัมซุง มาม่า วันทูคอล ธนาคารแห่งประเทศไทย กระทรวงพาณิชย์ เวลาประเทศไทย ปตท ธอส บิ๊กซี กรมอุตุ กรมศุลกากร แม็คโคร ธนาคารกรุงศรี กระทรวงการคลัง