NU Online News Service, Oct. 21, 2004, 3:05 p.m. EDT
ING Investment Management has agreed to sell its Delta Asset Management division to Berkeley Capital Management LLC.[@@]
The sale would allow ING to focus on its equity management business in New York, where it is headquartered, according to ING Investment Management chairman and chief executive officer Bob Crispin. His company is a division of ING Group N.V., the Netherlands.