MutualFundWire.com: Hartford Sees a $1.7 Billion Drop in Q1 Fund Deposits
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Friday, May 1, 2009

Hartford Sees a $1.7 Billion Drop in Q1 Fund Deposits


Hartford attracted mutual fund deposits of $2.3 billion in the first three months of 2009, down from $4 billion during the same period last year.

"The Hartford's family of mutual funds performed well during the quarter, but deposits were down as challenging equity markets led to a significant drop in mutual fund deposits industry-wide," company executives said Thursday.

Hartford ended March with AUM of $28.7 billion, down from $44.6 billion at the close of March last year.


Printed from: MFWire.com/story.asp?s=21456

Copyright 2009, InvestmentWires, Inc.
All Rights Reserved
Back to Top