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May 31, 1999

Under my umbrella

US fund management holding companies

The last time 'naming names' was in vogue, Joseph McCarthy was tearing apart the US in search of communists. Generally, the unsavory practice is relegated to a few individuals comfortable with the terms 'rat,' 'squealer' and 'fink'. But within the asset management community, revealing the ownership structure of an investment advisor strikes a slightly less virulent chord. What may be surprising, however, is some of the subsidiary and affiliate relationships that do turn up. The names behind

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