Insurance Firms and Mutual Funds Link Up in Mergers
Two industries with assets near 250 billion dollars life insurance and mutual funds are merging to form convenient partnerships. By late 1968 third quarter 153 mutual funds and 79 insurance companies merged operations, potentially reshaping consumer protection and drawing antitrust scrutiny due to concentrated power.
MENTIONED IN THIS ARTICLE
New York
Orr
Wiesenberger Financial Services
Insurers Fuel Rise of Mutual Funds Amid Market Shifts
The article notes life insurers increasingly sponsor or create mutual funds, with Anchor Funds and Tsai Management Funds highlighted. It discusses the shift from fixed returns to variable returns, inflation pressures, and insurer salesmen’ s resistance, predicting a continued but slower growth in the mutual fund trend. It ends with a reminder that a lost pet can be found via a classified ad.
MENTIONED IN THIS ARTICLE
U.S
Holidays at Kentucky reduced by governor
Frankfort Kentucky AP says Gov. Louie B. Nutt cut the paid holidays for state employees from 164 to 9 per year ending a long era of generous time off seen as enviable by private workers.
MENTIONED IN THIS ARTICLE
Frankfort
Louie B. Nutt
Souths Slam Aspirations in a Complex Bridge Play
In a bridge hand South plans a six level slam using trumps split 2-2 after ruffing a club. East misreads a deuce of diamonds, misperceives danger, and instinctively scores a pent up victory as South proceeds to ruff and discard toward a potential slam.
MENTIONED IN THIS ARTICLE
Souti
West
East
South
Diamonds
King of Diamonds
Soul
Medic Delivers Baby During Viet Cong Ambush
In Saigon a U S 9th Infantry platoon halted a night ambush to aid a laboring peasant woman. Medic Theodore Brown of Baltimore assisted the birth around 3 am Thanksgiving, bathed the infant, arranged evacuation, and the platoon cared for the newborn boy.
MENTIONED IN THIS ARTICLE
Saigon
UPS
U. S.9th Infantry Division
Theodore Brown
Baltimore
Brown
U. S
Also Mentioned on This Page
Agi Bridge
By Oswald
James Jacoby
Fuld
Anchor Funds
Washington National Insurance Co
Tsai Management Funds
Ith
Continental Assurance Co
Wiesenberger
As Rose
Morss South
North East South
Iead
Egela
Vist Waterina, Lev
ESS
Ast
Beast Teen
Sheldon
America