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MSIM takes organic tack

Big deals are off the table as Morgan Stanley Investment Management seeks expansion from within

Few people know how asset managers tick better than former investment banker and Merrill Lynch president Greg Fleming.

Over the years he has advised on a string of asset management deals, including BlackRock's purchase of Merrill Lynch Investment Managers in 2006 and engineered Merrill's rescue by Bank of America in 2008.

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