Merrill Lynch Investment Managers (MLIM) has just announced it will offer its complete family of retail mutual funds to third-party distributors under the Merrill name as well as consolidate its two mutual fund families, which includes the Mercury line, into one.

The consolidation will help provide other broker/dealers, wirehouses, insurance companies and banks access to all of Merrill's retail funds for the first time, the company said. The move is awaiting shareholder approval.

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