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In the battle of index funds, it's hunt or be hunted
Things are heating up for an industry where big-ticket mergers are rare.
Published Fri, Feb 24, 2017 · 09:50 PM
Washington
MONEY managers, squeezed as investors flock to low-cost index funds, are cutting deals.
Janus Capital Group and UK-based Henderson Group are merging to reduce costs, broaden product mix and expand geographically.
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