Yahoo! Finance
10-19-2009, 10:30 PM
<b>Yahoo! Finance: Mutual Fund News</b>
Morgan Stanley said Tuesday it will sell its retail asset management business, including the Van Kampen division, to money manager Invesco Ltd. for $1.5 billion in a move to focus on institutional clients.
complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/091019/us_invesco_morgan_stanley.html?.v=4)
Morgan Stanley said Tuesday it will sell its retail asset management business, including the Van Kampen division, to money manager Invesco Ltd. for $1.5 billion in a move to focus on institutional clients.
complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/091019/us_invesco_morgan_stanley.html?.v=4)