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

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

Rating:Spring Cleaning at Morgan Stanley Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, April 28, 2004

Spring Cleaning at Morgan Stanley

by: Caitlin  Pickall

Morgan Stanley is doing spring cleaning. The firm is chiseling its product line to make its offerings "more competitive and efficient," according to a statement by Bill Ennis, president of Morgan Stanley Investment Management Global Services.

The planned changes include cuts in retail mutual funds, institutional funds and separately managed accounts.

Seven retail funds, six institutional funds and four SMA portfolios will close to new investors April 30 and be liquidated in May or August.

The following institutional funds, with a combined $154 million in assets, are set to close:
  • Technology
  • Asian Real Estate
  • Latin American
  • European Value Equity
  • Japanese Value Equity
  • Cash Reserves


The following SMA portfolios, with approximately $43 million in assets, will be closed out with assets moved to clients' brokerage accounts:
  • Strategist Strategy
  • Sector Rotation Strategy
  • Utilities Strategy
  • Science & Technology Strategy
 

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

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
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:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use