Cross border fund manager ventures down

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The number of cross border joint ventures between British and American fund managers with their counterparts around the world is down 50% from last year, according to the latest research from Cerulli Associates.

During 2000 US and British fund managers only participated in 13 global joint ventures, compared to 26 in 1999. According to Cerulli, cross-border fund management joint ventures, whilst still po...

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