Administration January 3, 2002

Former Merrill Funds Get New Name

March 1, 2002 (PLANSPONSOR.com) - CM Investment Management Inc. has renamed 29 Merrill Lynch Mutual Funds as the Renaissance Mutual Funds.
Reported by

In announcing the move, the company said it was required to change the funds’ name as part of its January 2002 agreement to buy Merrill Lynch’s Canadian asset management business.

The funds currently have more than $4 billion Canadian in assets.

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Administration January 2, 2002

Banks Acquires Remainder of LA Bond Firm

February 1, 2002 (PLANSPONSOR.com) - First Republic Bank will acquire the remaining stake in a Los Angeles convertible bond house and pension fund manager that it doesn't already hold.
Reported by

The 82% of Froley, Revy Investment Company, Inc., involved in the latest deal, supplements the 18% First Republic Bank acquired in January 2000.

Froley manages more than $2 billion in assets for public and corporate pension funds, insurance companies, endowments and foundations, high net worth individuals and broker/dealer managed account programs.
 

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