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Mutual Fund - The Mutual Fund primarily targets retail investors. [10] Portfolio Management Services - allows high net worth investors to invest in a more concentrated portfolio aiming at higher returns. In the year 2000, ICICI Prudential AMC was the first institutional participant to offer these service in India. [11]
In the same year, the company opened its first office outside North America in Taiwan. In 1988, Franklin acquired L.F. Rothschild Fund Management Company. Assets under management for Franklin grew from just over US$2 billion in 1982 to more than US$40 billion in 1989 (the crash of 1987 had little impact on Franklin's income and bond funds).
The Massachusetts Mutual Life Insurance Company, also known as MassMutual, is a Springfield, Massachusetts-based life insurance company.. MassMutual provides financial products such as life insurance, disability income insurance, long term care insurance, and annuities.
Continental Assurance Company of North America was founded in Detroit in 1897. [2] The purpose of the company was to provide accident and health insurance to railroad industry employees. This company then merged with the Metropolitan Accident Company, changed its name to the Continental Casualty Company, and moved to Chicago.
Ohio National was founded as a stock company in 1909 but converted to mutual company status in 1959. In 1998, Ohio National reorganized as a mutual insurance holding company (Ohio National Mutual Holdings, Inc.), with an intermediate holding company (Ohio National Financial Services, Inc.).
National Life Insurance Company was chartered by the Vermont Legislature on November 13, 1848. [3] [4] [5] It has been insuring people for 175 years and was one of the first mutual life insurance companies in the U.S. [6] The company wrote its first policy on the life of Daniel Baldwin, a resident of Montpelier, on January 17, 1850.
The Mutual UFO Network (MUFON) is a US-based non-profit organization composed of civilian volunteers who study reported UFO sightings. It is one of the oldest and largest organizations of its kind, claiming more than 4,000 members worldwide with chapters and representatives in more than 43 countries and all 50 United States.
Until the 1960s, the bulk of its business was conducted via mail. In the late 1960s, USAA began a transition from mail to phone-based sales and service. It launched a toll-free number in 1978, and Internet sales and service in June 1999 via its website. [15] USAA offered restricted membership to civilians between September 2009 and August 2013.
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