Sentence examples for funds units from inspiring English sources

CITIGROUP INC., New York, said it would sell its mutual funds units in Spain to Santander Central Hispano S.A., Madrid, a manager of about $54 billion.

BlackRock's exchange-traded funds unit, iShares, leapt 33 percent.

The deal is part of a plan by Manulife of Toronto to expand its mutual funds unit.

Privately managed mutual funds (unit trusts) have cut UTI's share of the market, from over 90% to 57% today.

Now the firm has started going long on subprime through a variety of its businesses, he said, including its fund of funds unit and its credit hedge funds.

Mr. DeMartini has been directly managing the funds unit, known as Nations Funds, since a subordinate, Robert Gordon, left the bank last month.

FOR millions of investors, India's biggest and oldest manager of mutual funds, Unit Trust of India (UTI), has shed its middle name.

Savers are deserting banks for more rewarding places to park their money, such as in mutual funds (unit trusts, in Britain) and insurance policies.

Kansas City Southern Industries may delay the spinoff of its mutual funds unit until next year because of a delay in getting a tax ruling from the Internal Revenue Service.

The company expected to receive approval by Sept. 30 to proceed with a tax-free spinoff of the funds unit, which includes the Janus Capital Corporation, DST Systems and Berger Associates.

The firm, the epitome of what's known as a shadow bank, runs a big fund of funds unit that has "strategic alliance" funds for seeding new hedge funds.