Following in the footsteps of Zurich Scudder and other no-load shops who have defected from the direct sales channel, Credit Suisse Asset Management announced last week that it will begin selling all of its no-load mutual funds as load products, marketing them under one brand, Credit Suisse Funds.
Twenty-eight funds will be affected by the decision, which goes into effect Dec. 12. Those products include the Warburg Pincus funds, which were merged into the Credit Suisse complex more than a year ago. That merger prompted the firm to name all of its funds under the Warburg Pincus brand. Now, all of those funds will be branded under Credit Suisse.