Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:American Beacon Brings a Subadvisor Across the Pond Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, March 06, 2017

American Beacon Brings a Subadvisor Across the Pond

Reported by Katy Golvala

Gene Needles went to London to find his next subadvisor.

Gene Needles
American Beacon
Chairman, President and Chief Executive Officer
American Beacon plans to launch the American Beacon TwentyFour Strategic Income Fund with London-based TwentyFour Asset Management as the subadvisor, per a recent SEC filing.

Spokespeople from both American Beacon and TwentyFour declined to comment.

The fund is expected to launch at the beginning of April, and based on the current offerings in TwentyFour's suite, it will be TwentyFour's first foray into the U.S. market, MFWire has learned.

Founded in 2008 and led by CEO and founding partner Mark Holman, TwentyFour specializes in fixed income investment strategies.

Though the SEC filing doesn't specify TwentyFour's ownership structure, Vontobel Asset Management, a division of the Zurich-based bank, Vontobel, acquired a 60 percent stake in TwentyFour in March of 2015. In Europe, Vontobel also owns stake in one more fixed income shop, Zurich-based Fixed Income Boutique; two equities boutiques; and three multi-asset shops.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
40 Wall Street | 28th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use