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 |
|
Wednesday, December 18, 2002 W&R Closes on Mackenzie Buy Kansas City-based Waddell & Reed Financial has closed its acquisition of Mackenzie Investment Management. The broker-dealer purchased the Florida-based investment management unit of Toronto's Mackenzie Financial for $59.6 million. As part of the transaction, Mackenzie Financial will advise or subadvise new W&R funds launched under the Universal brand in Canada. Printed from: MFWire.com/story.asp?s=4202 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |