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Monday, April 3, 2017

Delaware Transforms

Reported by Marisa Santella

Delaware Investments, a fund firm with headquarters in Philadelphia, has rebranded its name to Macquarie Investment Management on April 3, 2017.

Shawn Lytle
Macquarie Investment Management
The firm adopted the name of its parent company, Macquarie Group, to better reflect its global presence and capabilities, yet its US registered mutual fund and separately managed account offerings will keep the Delaware Investments brand.

In 2009, Macquarie Group bought Delware Investments from Lincoln Financial for $428 million in cash, as reported by MFWire.

Macquarie Investment Management has $256.9 billion AUM, and it is a division of Macquarie Asset Management, with $362.1 billion AUM. Both figures are accurate as of December 31, 2016.  

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