Manning & Napier introduces bank deposit investment accounts.
BANKING AND CREDIT NEWS-June 14, 2016-Manning & Napier introduces bank deposit investment accounts
(C)2016 M2 COMMUNICATIONS http://www.m2.com
Manning & Napier, Inc. (NYSE: MN) has introduced bank deposit investment accounts (BDIA), a new product that is part of a comprehensive cash management strategy for higher educational institutions and municipalities, the company said.
Benefits to organizations investing their excess cash in a BDIA include the potential to earn more than traditional bank accounts, no limit to the amount that can be deposited, a professionally managed solution that can be customized and cash maintained in one highly liquid account with no lockup periods or penalties for early withdrawals.
Manning & Napier provides a broad range of investment solutions as well as a variety of consultative services that complement the investment process. Founded in 1970, the company offers equity, fixed income and alternative strategies, as well as a range of blended asset portfolios, such as life cycle funds.
((Comments on this story may be sent to email@example.com))
|Printer friendly Cite/link Email Feedback|
|Publication:||M2 Banking & Credit News (BCN)|
|Date:||Jun 14, 2016|
|Previous Article:||Virtus Investment reports preliminary results of tender offer.|
|Next Article:||Copper Rock named sub-advisor to Touchstone Emerging Markets Small Cap Fund.|