Dow Jones writes "Lehman To Buy Robeco's US Municipal Bond Business". The story says, "The development concludes Robeco's exit from fixed-income management in the U.S. [including a small money fund presence via its Weiss, Peck & Greer subsidiary]. On Feb. 29, it said it was selling its $4.8 billion book of taxable U.S. fixed-income assets to ... Morgan Stanley." It adds, "Lehman currently oversees about $16 billion of municipal bond assets for institutions and wealthy investors in its asset management unit. The business is run by Robeco [Weiss, Peck & Greer] alumna Janet Fiorenza."

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