Northwestern Mutual mulls selling Russell Investments, sources say
Sources claim Northwestern Mutual -- 'the quiet company' -- is quietly discussing selling the asset manager. The insurer, however, says Russell is not for sale.
Northwestern Mutual Life Insurance is discussing selling Russell Investments, according to a number of investment bankers and industry observers. Management at the insurer has decided that the $140 billion Russell isn't a core asset — and is seriously considering putting the business up for sa
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