The future of the struggling Dreyfus brand is now uncertain after the sale of its parent company, Mellon. Investment News
reports that consultants have been called in to determine the structure of the company post-merger. Dreyfus' mediocre fund performance as of late has caused $42 million in net outflows from its equity funds and $78 million from its bond funds. The company sees the merger as an opportunity to turn around its struggling funds and possibly enter the ETF market.
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