SunAmerica Asset Management, the investment management arm of AIG, plans to merge 11 of the 24 American General North American funds into similar SunAmerica funds following AIGs acquisition of American General, according to SEC filings. SunAmerica is seeking shareholder approval for the move.
SunAmerica spokeswoman Sonia Fiorenza would not comment on the filings. Officials from American General were unavailable for comment by press time.