Who owns Touchstone Funds?
Western & Southern Financial Group
(NYSE: AIG), announced today that Touchstone Investments, a wholly owned subsidiary of Western & Southern Financial Group, has agreed to acquire select assets of AIG Life & Retirement’s Retail Mutual Funds business. AIG’s Retail Mutual Funds business manages $7.8 billion in assets across 18 mutual funds as of Dec.
What happened to old mutual funds?
Old Mutual changed the name of some of its funds to Merian on 1 October 2018. It’s because Old Mutual Global Investors is being split into two separate asset management businesses.
Who did AIG merge with?
Touchstone funds
AIG Funds, with assets totaling $6.8 billion, were reorganized and merged into either existing or newly created Touchstone funds, which brings Touchstone’s fund lineup to 32 funds with assets under management to $35.9 billion.
Who bought AIG funds?
Touchstone Investments
Acquisition of AIG Funds by Touchstone Investments (NYSE: AIG). Under the terms of the purchase agreement, and following shareholder approval, 12 AIG Funds were reorganized and merged into either existing Touchstone funds, or into newly created Touchstone funds effective July 16, 2021.
Did AIG merge with Touchstone?
Effective July 19, 2021 the AIG Strategic Bond Fund and the AIG Flexible Credit Fund merged into the newly created Touchstone Strategic Income Opportunities Fund.
Who bought Sun America?
American International Group Inc.
Insurance giant American International Group Inc. said Thursday it will acquire SunAmerica Inc., a major player in the annuities business, for almost $81 a share, or more than $18 billion in stock.
Who is the founder of touchstone method?
Matthew Arnold tries a lot to invent an ideal standard of ideal literary works in ” The Study of Poetry “. He invents a process by which the real worth or value of literary work can be judged. This process of judging a piece is called touchstone method.
What is the purpose of a touchstone?
touchstone, black siliceous stone used to ascertain the purity of gold and silver. Assaying by “touch” was one of the earliest methods employed to assess the quality of precious metals. The metal to be assayed is rubbed on the touchstone, adjacent to the rubbing on the touchstone of a sample of a metal of known purity.
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