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STEPHEN C. ROUSSIN: NEW YORK LIFE FUND CHIEF TO PLAY UP MAINSTAY BRAND

New York Life Insurance Co. has formed a management company to oversee the far-flung pieces of its Mainstay…

New York Life Insurance Co. has formed a management company to oversee the far-flung pieces of its Mainstay mutual fund operations.

The move is an attempt to better leverage the Mainstay brand and create a stronger infrastructure as the firm prepares to expand the 12-year-old load fund family.

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