In Brief: Morgan Chase to Rename Fund Family

NEW YORK - J.P. Morgan Chase & Co. next month will rename its Chase Vista funds, one of the oldest bank-managed families of mutual funds.

Starting April 1, the $90 billion fund group will be JPMorgan Funds. The renaming is the first step in the consolidation and expansion of the fund businesses of Chase Fleming Asset Management and J.P. Morgan & Co., which were combined after Chase Manhattan Corp. bought J.P. Morgan in December.

The merged fund business was renamed J.P. Morgan Fleming Asset Management and has $471 billion of global assets under management.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER