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Strategies & Market Trends : Sharck Soup

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To: HandsOn who wrote (27399)	6/13/2001 11:58:47 AM
From: Ron Dior	Read Replies (1) of 37746

A small clip on IFIN. Another favorite is Investors Financial Services (IFIN: news, msgs, alerts) , a Boston-based firm that provides accounting, custody and administrative services to mutual funds. The company is hedged against market downturns through a revenue generating structure based on assets under management, number of transactions and a spread on the fund's cash on hand. The company is set for continued growth through a strategy of accretive acquisitions, Wabnik says. Last week the company announced a deal to add the assets of Barclays Global Investors to its business. Shares lost $2.57 to $75.23 I happen to know the assets are in excess of 5 bil. Ron Dior

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