A number of leading mutual and pension funds are invested in Lehman, Merrill Lynch and AIG and could suffer as a result, the Toledo Blade reports. How badly the shock to investors retirement savings will be, has yet to be sorted out, however.
Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.
3-Week Free Trial
Insight and analysis into the management, marketing, operations and technology of the asset management industry.
Have an account? Sign In