FAMILY MATTERS – Merrill "Launches" Mercury Funds Brand

August 15, 2000 ( - Merrill Lynch Investment Managers has established a new name and brand for its mutual funds sold through third parties.

Mercury Funds will include the investment offerings from the former Mercury Asset Management, Hotchkis and Wiley and Quantitative Advisors along with two funds sub-advised by Turner Investment Partners.

By the end of the third quarter, it is expected that all funds sold through independent advisors and brokers will have the Mercury name as the first point of reference.

The “new” fund family has 25 funds and more than $6.5 billion in assets under management.

– Nevin Adams