Less than four years in, the team at a Midwestern fund firm's newest boutique arm is celebrating a big milestone, and the boutique's assets have doubled in less than a year.
| Eduardo A. Repetto|
Chief Investment Officer
This week, Eduardo Repetto
, chief investment officer of American Century's
] Avantis Investors
that on January 12 Avantis passed
$20 billion in AUM. That's less than 43 months after Repetto and Pat Keating
(Avantis' COO) launched
Avantis, 40 months after the Avantis team rolled out
their first strategies, 11 months after Avantis surpassed
$10 billion in AUM, and less than four months after the Avantis team celebrated
the third anniverasy of their first five ETFs.
As of last September, Avantis' team of more than 30 people supported 18 ETFs and nine mutual funds across 19 different strategies. (They also offer ETF models and SMAs.)
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