On October 9, 2013, Meeder Investment Management, Inc., an investment manager based in Dublin, Ohio, announced that it will merge with Productive Capital Management, Inc., an investment manager based in Cleveland, Ohio.
On October 9, 2013, Ohio-based investment mangers Meeder Investment Management, Inc. and Productive Capital Management, Inc. announced that they have entered into a merger agreement. Following the merger, Productive will maintain offices in Cleveland and Dublin, Ohio and will have approximately $8 billion in assets under management. Meeder is an investment manager serving local and state governments, individuals, advisors and institutional investors. Productive provides investment management services to public sector clients in Ohio.
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