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By Janet Levaux, AdvisorOne |
August 23, 2010
The proposed mergers are part of Ameriprise's acquisition of the asset management business, which has about $330 billion in AUM.
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By Janet Levaux, AdvisorOne |
August 23, 2010
Columbia Management Group says that it has proposed 62 fund mergers as part of the sale of its long-term asset-management business to RiverSource Investments, which is owned by Ameriprise Financial.