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"Those are not consistent with our approach to investment management."

Following his career in professional football, Brown moved on to investment management.

In recent years, he focused on investment management and charities.

In 2004, the bank focused on developing second line of its primary activities - investment management.

Even without further legislation, some companies have begun to provide professional investment management for their employees.

Of that, only $4 billion to $5 billion is spent on investment management, or research.

Mercury said the deal was part of its strategy to concentrate on investment management.

As things stand, with professional investment management, a foundation can seemingly last forever.

Indeed investment management is an area where many actuaries play a very active role in insurance companies.

It spread into investment management and now has $1 billion under management.