MFMarketnews.com is keeping abreast of the industry's latest developments with postings twice a day. If you didn't log on last week here are some Web exclusives you missed:

* American Skandia Investment Services has reinstated Fred Alger Management as subadvisor of two of its funds. Following the terrorist attacks, American Skandia named MFS Investment Management as an interim subadvisor. Fred Alger Management lost 38 employees and its offices on Sept. 11, and less than a week later American Skandia temporarily replaced the money manager.

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