MutualFundWire.com: From $10B to $20B In 11 Months

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Wednesday, January 18, 2023

From $10B to $20B In 11 Months

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
Avantis Investors
Chief Investment Officer

This week, Eduardo Repetto, chief investment officer of American Century's [profile] Avantis Investors, confirmed 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 anniversary 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.)

Printed from: MFWire.com/story.asp?s=65467

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