MONY Rebuilds Fund Family.The 13-year-old Enterprise Group of Funds group of funds See family of funds. is poised for growth now that its parent company, MONY MONY Mutual of New York (Insurance - Syracuse, NY) Group Inc., is better capitalized. Enterprise Group was "a small, troubled property" with poor investment performance in 1991, when MONY determined that it would have to be built from scratch, said Victor Ugolyn, chairman, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the fund family. Since then, Enterprise Group has seen growth that has been 10 times greater than the industry, with $9 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . |
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