MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, March 27, 2009 Three Fund Shops Seek to Serve Up Toxic Assets on a Closed-End Platter In Friday's Wall Street Journal Fund Track, Diya Gullapalli reports that at least three fund firms -- BlackRock, Pimco and Legg Mason -- are planning to offer closed-end funds to take advantage of the Treasury's toxic-asset program. BlackRock, for its part, is looking at a closed-end fund it launched in January, BlackRock Fixed Income Value Opportunities, as a possible template. Other asset managers, such as Goldman Sachs Asset Management, T. Rowe Price, Fidelity and Franklin Resources, are currently evaluating the Treasury's program. Printed from: MFWire.com/story.asp?s=21138 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |