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Zurich to Sell Threadneedle, Says UK Newspaper

The Independent newspaper, published in the UK, speculates that troubled Zurich Financial may have to sell Threadneedle Asset Management , its UK fund manager, to raise cash. Zurich sold Scudder, its U.S. fund management business, to Deutsche Bank last year

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The Independent newspaper, published in the UK, speculates that troubled Zurich Financial may have to sell Threadneedle Asset Management , its UK fund manager, to raise cash. Zurich sold Scudder, its U.S. fund management business, to Deutsche

Bank last year for $2.5 billion . Threadneedle manages around 45 billion.

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