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 |
|
Monday, May 6, 2002 BGI is in Play Mellon Financial is reported to be mulling over whether to purchase Barclays Global Investors (BGI) from Barclays PLC. A Reuters report says that Mellon is considering a deal for the US-based asset manager worth $2.05 billion. Mellon may not be alone among the suitors. The reporter also names Axa, the French insurer and Allianz, the German insurer as possible suitors. Earlier of this year, there were also reports that BGI management would lead a buyout of the firm. With some $777 billion in assets under management, San Francisco-based BGI is one of the top providers of index management to institutions. The firm also is one of the largest providers of exchange-traded funds. Printed from: MFWire.com/story.asp?s=2504 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |