NU Online News Service, July 17, 11:45 a.m. – Enterprise Capital Management Inc., Atlanta, is starting a new investment management unit, Enterprise Global Funds P.L.C., Dublin.
Enterprise Capital, a subsidiary of The MONY Group Inc., New York, hires well-known institutional money managers to help it manage mutual funds for individual investors in the United States.
Enterprise Global will follow a similar investment strategy but sell its funds to individual investors in Europe, South America and Asia, the company says.
The Enterprise Global funds will be available in pounds, euros and U.S. dollars.
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