American Beacon was sold to Pharos and TPG in 2008 by AMR Corp (the former parent company of American Airlines).
American Beacon’s Largest Mutual Funds
|AAGPX||American Beacon Large Cap Value Fund||$11.9B|
|ABBVX||American Beacon Small Cap Value II Fund||$8.7B|
|AVPAX||American Beacon Small Cap Value Fund||$5.8B|
The Bottom Line
For some smaller funds, merging or being acquired may be the best option. With help from a larger fund company, smaller funds are able to gain significantly more exposure from investors.
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