MassMutual Could Sell Off OppenheimerFunds

Posted on 08/10/2018


Massachusetts Mutual Life Insurance Company (MassMutual) could potentially sell its OppenheimerFunds business or merge it with another asset manager. MassMutual is working with an investment bank Lazard Ltd. on a variety of options. OppenheimerFunds had a bit more than US$ 259 billion in assets under management at the end of July 2018. Invesco Ltd is […]