The Rothschild Group said it may sell its institutional and mutual fund units, which oversee a combined $20.6 billion of assets, to concentrate on managing accounts for wealthier clients , according to a report by Bloomberg . The report quotes RAM CEO Paul Manduca as admitting that “the mutual fund and pension fund business could in certain circumstances be sold.” Or RAM may look for a joint venture partner.
Rothschild May Quit Mutual Funds, Says Bloomberg
The Rothschild Group said it may sell its institutional and mutual fund units, which oversee a combined $20.6 billion of assets, to concentrate on managing accounts for wealthier clients , according to a report by Bloomberg . The report quotes