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Tuesday, February 12, 2013

Asset Managers Facing Near-Zero Growth in New Money

... 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.onwallstreet.com/news/Asset-Managers-Facing-Near-Zero-Growth-in-New-Money-2683245-1.html

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