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

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

Rating:Enochs Continues BMO GAM's Transformation Journey Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, February 23, 2018

Enochs Continues BMO GAM's Transformation Journey

Reported by Neil Anderson, Managing Editor

Phil Enochs expects to make a few U.S. distribution hires in 2018 after several years of building out BMO Global Asset Management's (GAM) [profile] U.S. distribution infrastructure. And more acquisitions are a possibility, too.

"We have invested in an intermediary sales team" and an institutional one, says Enochs, head of the U.S. business and U.S. distribution and client management for BMO GAM. "On the margin this year we're probably bringing in a couple of people ... We'll continue to add sales folks over time."

"We're really proud of the investment that we've made and the response that we're getting," he adds.

Enochs, who rose to lead Chicago-based BMO GAM U.S. in 2016. first joined the multinational asset manager in 2010. (This week he celebrated his eighth anniversary at the company.) Since then he's seen it grow, organically and through acquisitions, from less than $50 billion in AUM to about $300 billion in AUM today. In the U.S. alone, BMO GAM has $55 billion in AUM and more than 200 employees.

"For most of that time we've been on sort of a transformation journey to really grow the asset management business within BMO globally," Enochs says. "We're truly transforming into a global asset manager, which we've done purposefully."

BMO GAM is "always open to ideas around inorganic growth," Enochs says. "We're certainly open to it and always looking for opportunities."

"We have a pretty diversified set of solutions in the U.S.," he adds, noting that BMO GAM offers a number of investment strategies with high active share. "We have really good teams across a diverse set of strategies." 

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

 Do You Recommend This Story?

Return to Top
 News Archives
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
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:
Add to My Yahoo!
follow us in feedly

  1. Director Discussion Series - Open Forum via Zoom, September 29
  2. IMEA roundtable - Portfolio Construction, September 29
  3. MMI webinar - The Future of Marketing is Changing ... Are You Ready?, September 29
  4. IDC Speaker Series - A Conversation with Roger Ferguson, October 3
  5. IDC webinar - A Conversation with Roger Ferguson, Jr., October 3
  6. 5th annual Expect Miracles Atlantic Coast Classic, October 3
  7. Nicsa Fearless Leadership Symposium, Oct 6-7
  8. 7th Annual FUSE Forum, October 6
  9. 2022 ICI Securities Law Developments Conference - day 1, October 11
  10. MFDF Director Discussion Series - Open Forum (San Francisco), October 12
  11. 2022 ICI Securities Law Developments Conference - day 2, October 13
  12. MFDF In Focus: ESG Data Requirements - What Directors Need to Know, October 19
  13. 2022 MMI Annual Conference, Oct 19-21
  14. 2022 IDC Fund Directors Conference, Oct 24-26
  15. 18th annual Expect Miracles Wine & Spirits Event, October 27
  16. Buford Capital Securities Litigation Symposium, November 1
  17. IMEA All-Council Fall Summit, Nov 2-3
  18. Nicsa 2022 General Membership Meeting, Nov 2-3
  19. Tiburon CEO Summit XLIII, Nov 7-9
  20. 2022 ICI Tech Summit, Nov 8-9
  21. UCITS & AIFMD for U.S. Managers - New York, Nov 8-9
  22. 2022 MMI Distribution Leadership Forum, Nov 9-10
  23. MFDF Asset Management Industry Update and Director Governance Trends, November 10
  24. 3rd Annual ETFGI Global ETFs Insights Summit - United States, Nov 15-16
  25. 2022 MMI Alternative Investments Forum, November 16
  26. MFDF webinar - Mutual Fund CCO Compensation: The MPI Annual Survey Update, November 16

©All rights reserved to InvestmentWires, Inc. 1997-2022
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use