Observers of Zurich-Kemper Investments Inc., Chicago, are speculating the mutual fund company is eyeing money management firms overseas, especially in the United Kingdom.

Zurich-Kemper, whose parent company is Swiss, lacks international portfolios, but there aren't many in the United States or continental Europe on the block right now. The company has been on an acquisition drive, most recently having bought Dreman Value Management, a Jersey City stock fund company.

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