MutualFundWire.com: Columbia Cash Group to Relocate
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Thursday, May 22, 2008

Columbia Cash Group to Relocate


Bank of America's Columbia Management has made a decision about where its cash investments group will be located. The Charlotte Business Journal reports that the group will be moved from Charlotte to Boston, where Columbia is based, by the end of September. Columbia has been considering the move since hiring Paul Quistberg from Boston-based Putnam in March. The 30 employees in the group have been given offers to relocate with the unit.


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