请输入您要查询的百科知识:

 

词条 Van Kampen Investments
释义

  1. History

  2. References

  3. External links

Van Kampen Investments, Inc. (also Van Kampen Funds, Inc. or Van Kampen American Capital) was an American mutual fund company. Formerly independent, it was acquired by Morgan Stanley[1] in 1996. Most of Morgan Stanley's asset management activities were principally conducted under the Morgan Stanley and Van Kampen brands.

On October 19, 2009, Morgan Stanley announced that Van Kampen would be sold to Invesco for $1.5 billion.[2] After the acquisition, Invesco ceased using the Van Kampen name except in relation to its component mutual funds.

History

The company was established in 1974 by Robert Van Kampen in Chicago. He developed a niche bond product when he pioneered insurance coverage for tax-exempt bond funds. After New York City’s near-default in 1975, investors flocked to Van Kampen’s insured unit investment trusts. In 1982, the company broke records in the industry by introducing a $125 million Insured Municipal Income Trust (IMIT), soon followed by an even larger $128.5 IMIT. By 1983, the company now known as Van Kampen Merritt, Inc. had sold nearly $7 billion of trusts and was the nation’s third-largest firm in that arena.[3]

In 1984, Van Kampen sold the firm to Xerox Corporation for about $200 million. However, after eight years, in 1992 Xerox decided to shed all its financial-services units starting with Van Kampen. Xerox had initially planned to offer stock in Van Kampen to the public. However the investment firm Clayton, Dubilier & Rice made a better offer and bought 80% of Van Kampen from Xerox for approx $360 million. The remaining shares were held by Xerox and staff of the firm.[4]

In 1996 Morgan Stanley bought Van Kampen American Capital Inc from Clayton for $745 million to help it build its money management business. Morgan Stanley merged the business with its own money management business but continued to use the Van Kampen name.[5]

In 2009, Morgan Stanley announced that Van Kampen would be sold to Invesco for $1.5 billion.[6]

References

1. ^{{cite web|url=http://www.money-zine.com/Investing/Mutual-Funds/Van-Kampen-Mutual-Funds/|title=Van Kampen Mutual Funds|accessdate=2007-06-12}}
2. ^{{cite news|url=http://dealbook.blogs.nytimes.com/2009/10/19/invesco-to-buy-morgan-stanley-unit-for-15-billion/|title=Invesco to Buy Morgan Stanley Unit for $1.5 Billion|accessdate=2009-10-20 | work=The New York Times | date=2009-10-19}}
3. ^Milestones Historical Consultants: History of Van Kampen
4. ^{{cite web |url=http://articles.chicagotribune.com/1992-10-15/business/9204030449_1_van-kampen-merritt-cos-xerox-firm-sponsors |title=Xerox Sells Van Kampen Financial Unit |date=October 15, 1992 |publisher=Chicago Tribune}}
5. ^{{cite web |url=https://www.nytimes.com/1996/06/25/business/morgan-stanley-and-merrill-set-to-add-money-managers.html |title=Morgan Stanley And Merrill Set To Add Money Managers |date=June 25, 1996 |publisher=The New York Times }}
6. ^{{cite news|url=http://dealbook.blogs.nytimes.com/2009/10/19/invesco-to-buy-morgan-stanley-unit-for-15-billion/|title=Invesco to Buy Morgan Stanley Unit for $1.5 Billion|accessdate=2009-10-20 | work=The New York Times | date=2009-10-19}}

External links

  • Van Kampen Investments official site
{{finance-company-stub}}

1 : Mutual fund families

随便看

 

开放百科全书收录14589846条英语、德语、日语等多语种百科知识,基本涵盖了大多数领域的百科知识,是一部内容自由、开放的电子版国际百科全书。

 

Copyright © 2023 OENC.NET All Rights Reserved
京ICP备2021023879号 更新时间:2024/11/11 6:37:57