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Tuesday, February 12, 2013

Asset Managers Facing Near-Zero Growth in Client Deposits

... managers focused on selling outmoded products to slower- growing investors," Benjamin Phillips , a partner at the Darien, Connecticut-based firm, said in an interview. U.S. mutual-fund companies were headed for record deposits in January, mostly in ...



via Darien Newswire http://www.bloomberg.com/news/2013-02-12/asset-managers-facing-near-zero-growth-in-client-deposits.html

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