The team at a faith-based fund firm recently celebrated a big milestone.
| Anthony "Tony" Minopoli|
Knights of Columbus Asset Advisors
President, Chief Investment Officer
Earlier this month, Tony Minopoli
, president and chief investment officer of Knights of Columbus Asset Advisors (KoCAA
that its mutual fund family recently crossed $1 billion in AUM. The firm now offers nine mutual funds and first entered the mutual fund business in 2015.
New Haven, Connecticut-based KoCAA is a subsidiary of the Knights of Columbus, a Catholic fraternal organization. KoCAA now has $29 billion in total assets, and per its form ADV from back in March most of that is managed for insurance companies. (KoCAA does have a sister insurance company.) It has a team of 41 people, not including clerical staff.
"Recent inflows are distributed across all of our funds, demonstrating that investors appreciate the ability to diversify their faith-based investments across all asset classes," Minopolis states.
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