Macquarie Investment Management to Acquire Mutual Fund Business of Foresters Investment Management Company

Posted on 04/09/2019


Macquarie Investment Management signed a definitive agreement to purchase the assets related to the mutual fund management business of Foresters Investment Management Company, Inc., the investment adviser of the First Investors funds, with approximately US$ 12.3 billion in assets under management. The seller is Foresters Financial. Foresters Financial was formed in 1874. The transaction is […]