Asset Management
AIG Re-Brands Asset Arm For Sale

American International Group, the US insurer, has re-branded its asset management and investment advisory business for sale.
PineBridge is the new name of AIG's business, a global,
multi-product asset manager with capabilities in listed equity,
fixed income, hedge funds and private equity investments. It will
remain headquartered in New York and will maintain all of its
international operations.
As the sale has not been completed, it is not yet known who the
new owner of AIG’s asset management business will be.
“The announcement of our new brand name is an exciting milestone,
marking a significant point as we transition to being an
independent business…combined with our new financial partner, we
are even more effectively positioned,” said
Win Neuger, chief executive PineBridge.