The trouble two mutual fund firms are having in finding buyers may be a sign that the seller's market is over for money management firms, industry watchers say.

BankAmerica Corp., San Francisco, has been hawking its Robertson Stephens Investment Management unit since June and has talked without success to several firms. Discussions reportedly have been held with John Nuveen & Co., Chicago, and at least one other mutual fund company. Nuveen has declined to comment.

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