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 |
|
Thursday, April 9, 2009 A Fund Firm Reportedly Swings the Job Ax Anew RiverSource Investments implemented another round of cuts on Tuesday, according to a published report. The cuts reportedly impacted mostly employees within the Minneapolis-based investment manager's product development and marketing units. A RiverSource spokesman could not immediately be reached for comment by The MFWire. In January, RiverSource trimmed an undisclosed number of jobs as part of cost-reduction efforts at its parent, Ameriprise Financial. At the time, a RiverSource spokesman told The MFWire that the cuts had minimal impact on asset management sales, marketing and investment teams (see The MFWire, 01/21/09). Printed from: MFWire.com/story.asp?s=21257 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |