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Article: Fleming to alter name as it adds six funds.(Fleming Asset Management, Chase Fleming Asset Management)(Brief Article)
- Article from:
- Money Marketing
- Article date:
- June 29, 2000
- Author:
CopyrightCOPYRIGHT 2000 Centaur Communications Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Fleming Asset Management is to rebrand as Chase Fleming Asset Management after its acquisition by Chase Manhattan later this summer.
The $7.7bn deal, approved by Fleming shareholders last month, will create one of the biggest global fund managers, with funds under management of around $330bn.
The funds will keep the Fleming name, with its Hong Kong-based funds retaining the Jardine Fleming brand.
Fleming has completed the launch of a new range of offshore funds. Six funds, domiciled in Luxemburg, are now authorised for distribution in 13 European countries, including the UK.
The ...