Citigroup of New York is planning to consolidate most of its mutual funds under the Smith Barney brand, according to Ed Giltenan, a spokesperson for SSB Citi Asset Management Group. Citibank and Concert funds will be re-named, merged with existing Smith Barney funds or liquidated by Citicorp, the umbrella company of all three fund families, said Giltenan.

Citicorp currently has four fund brands in the US: Smith Barney, Salomon Brothers, Citifunds (sold by Citibank) and Concert Funds (sold by Primerica). That will change.

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