Four major financial services companies announced last week that they will jointly operate a new Internet portal that will provide investment advisors with a wide array of mutual fund information.

A letter of intent to create the portal was signed by three asset management companies - Fidelity Investments Institutional Services Company of Boston, Franklin Templeton Investments of San Mateo, Calif., and Putnam Investments of Boston - and by PFPC, a mutual fund service provider of Wilmington, Del. The portal, which has not yet been given a name, is expected to begin operating in the third quarter of 2001, according to Jennifer Bolt, chief web officer at Franklin Templeton.

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