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 25, 2002 Lipper Sends Fund to Neuberger Nueberger Berman is getting more than just portfolio managers from Lipper & Company, reports the New York Post. Neuberger will take over the Lipper high yield mutual fund, according to a filing with the SEC. Lipper also filed paperwork to close two additional funds, Lipper U.S. Equity and Lipper Merger fund. The funds are being closed due to a "lack of investor interest", according to the filings. Lipper's fourth european stock fund was not mentioned in the filings. The paper reports that the Lipper U.S. Equity has only $6 million in assets and that the Lipper Merger has about $1 million. The two funds had $24 million and $2.5 million. Printed from: MFWire.com/story.asp?s=2405 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |