Touchstone investments to acquire certain retail mutual fund business assets from aig life & retirement

New york--(business wire)--aig life & retirement, a division of american international group, inc. (nyse: aig), and touchstone investments, an indirect wholly-owned subsidiary of western & southern financial group, today announced they have entered into a definitive agreement for touchstone to acquire certain assets of aig life & retirement's retail mutual funds business. aig's life & retirement's retail mutual funds business manages $7.8 billion in assets across eighteen funds
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