Wednesday, November 30, 2005
Touchstone to Acquire Fund Company
Touchstone Investments, a mutual fund subsidiary of Western & Southern Financial Group, has agreed to acquire Constellation Investment Management Co. L.P., an employee-owned mutual fund company based in Berwyn, Pa. Terms were not disclosed.
Constellation manages 27 mutual funds with about $2.8 billion in fund assets. Completion of the deal will give Cincinnati-based Touchstone a total of more than $6.8 billion in assets under management in more than 40 mutual funds.
Constellation manages 27 mutual funds with about $2.8 billion in fund assets. Completion of the deal will give Cincinnati-based Touchstone a total of more than $6.8 billion in assets under management in more than 40 mutual funds.
Touchstone to Acquire Fund Company
Source: Cincinnati Post
Permalink posted by armandn @ 9:25 AM 
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