- Delaware Investments
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Delaware Investments Type Subsidiary Industry Financial Services Founded 1929 Founder(s) Admiral W. Linton Nelson [1] Headquarters Philadelphia, USA Key people Patrick Coyne, President, J. Scott Coleman, Executive Vice President, Head of Distribution, Michael J. Hogan, Executive Vice President, Head of Equity Investments, Ania Mikson, Senior Vice President, Head of Human Resources, See Yeng Quek, Executive Vice President, Head of Fixed Income Investments, David P. O'Connor, Senior Vice President,Strategic Investment Relationships and Initiatives and General Counsel, and Philip N. Russo, Executive Vice President, Chief Administrative Officer Products Mutual funds, Institutional Investments, Trading & Investing, Retirement & Planning Employees Approximately 500 (2011) Parent Macquarie Group Website www.delawareinvestments.com Delaware Investments is a US-based asset management firm with more than (USD) $155 billion in assets under management as of June 30, 2011.
Contents
Key Historical Years
- 1929: Business commenced
- 1938: Delaware Investments introduced its first mutual fund
- 1972: Institutional separate account management established
- 1974: Taft-Hartley business established
- 1990: International/Global capabilities established
- 2000: Fixed income capabilities enhanced
- 2007: Launched Delaware Investments Global Funds plc[2]
- 2010: Acquired by Macquarie Group[3]
Recent developments
- (4/26/11) Aiden J. Redmond Jr. has joined the firm to lead its U.S. institutional business. He is overseeing Delaware’s more than $38 billion in institutional assets (as of 3/31/11). Redmond brings more than 20 years of institutional investment sales and client service experience to Delaware.
- (3/24/11) Delaware Investments was recognized as the best among 172 mutual fund companies in the small firm group category in the Lipper Fund Awards 2011, earning the Overall Small Company award as well as two of the three asset-class awards: Mixed Asset Small Company and Fixed Income Small Company. The company-level and asset-class awards are based on three-year risk-adjusted return as of Dec. 31, 2010. The firm with the highest average decile rank within each asset class, and overall, wins the award.
References
External links
- Delaware Investments, delawareinvestments.com
- Macquarie Group, Parent Company of Delaware Investments, macquarie.com
- Hoover's Profile of Delaware Investments, hoovers.com
Categories:- Mutual fund families
- Companies established in 1929
- Financial services companies of the United States
- Companies based in Philadelphia, Pennsylvania
- Economics and finance stubs
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