 As part of these changes, Conning & Company’s broker-dealer business was shut down and the remnants were combined with Fox-Pitt Kelton Inc.’s similar business; also, its insurance industry research and publications business was transferred to Fox-Pitt Kelton management.In 2002, Swiss Re Asset Management's Americas’ asset liability management unit came under Conning’s control with 20 employees relocating to Hartford.In June, Conning Asset Management Company sold its Mortgage Loan and Real Estate business to Key Corp, and in December, Conning & Company and Conning Asset Management Company sold Noddings to First Albany.