Credit Suisse Converts Funds to Load
On Wall Street, December, 2001
Credit Suisse Asset Management said it will convert all its no-load mutual funds to load products and market them under one brand name, Credit Suisse Funds. The decision, which is effective December 12, affects 28 funds including Warburg Pincus funds, which were merged into the Credit Suisse complex more than a year ago. That merger prompted the firm to convert all its funds to the Warburg Pincus brand. Now, all will carry the Credit Suisse name.
The move is part of an ongoing migration from no-load to load. In August, GE Asset Management abandoned efforts to sell its 21 funds through Charles Schwab's no-load supermarket and began charging sales fees and distributing the funds through advisors. Other converts to load are Acorn Investment Trust, William Blair & Company and...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
