Wednesday, June 13, 2007

UPDATE 1-M.Stanley eyes growth in France, hotels business

(Reuters) - Morgan Stanley director Charlotte Kalaidjian said the bank
aimed to raise the total assets under management it has in
France to up to 9 billion euros from 2.7 billion
at present.




"We are targeting between 7.7 to 9 billion euros of assets
under management over the next three years. Alternative
investment products will be our main drivers of growth in
France," she told Reuters.


Read more at Reuters.com Mergers News

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