The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Ameriprise Diverts Seligman Bond Pros from RiverSource Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, November 28, 2008

Ameriprise Diverts Seligman Bond Pros from RiverSource

by: Armie Margaret Lee

J.W. & Seligman's chief investment officer, Jack Cunningham, and the New York investment manager's taxable bond team did not make the move to Seligman's new owner, RiverSource Investments parent Ameriprise Financial, Pensions & Investments reports.

The departures reflect the overlap that occurs in an acquisition, an Ameriprise spokesman told the pub.

Ameriprise's $440-million all-cash purchase of Seligman closed November 7 (see The MFWire, November 10, 2008). Ameriprise is folding Seligman into RiverSource, though the Seligman brand stays on. RiverSource has absorbed most of Seligman's investment teams. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use