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Macquarie Investment Management Completes Acquisition Of Assets Related To First Investors Funds
FYI: Macquarie Investment Management today announces the completion of its acquisition of the mutual fund management business of Foresters Investment Management Company, Inc., the investment advisor of the First Investors Funds and First Investors Life Series Funds. The transaction includes approximately $US11 billion in First Investors Funds that have been successfully reorganized into the Delaware Funds® by Macquarie family of funds and approximately $US1 billion1 in assets transitioned to the recently launched Delaware Funds by Macquarie Premier Advisor Platform. The Platform offers asset allocation models using a mix of existing Delaware Funds by Macquarie mutual funds and certain First Investors mutual funds that are newly reorganized.. Regards, Ted https://www.businesswire.com/news/home/20191007005263/en/Macquarie-Investment-Management-Completes-Acquisition-Assets-Related