Westwood Holdings Group and Aviva Investors Announce Extension of Strategic Partnership
(Thomson Reuters ONE) -
DALLAS, Sept. 26, 2016 (GLOBE NEWSWIRE) -- Westwood Holdings Group, Inc.
(NYSE:WHG) is pleased to announce an extension of our long term strategic
partnership with Aviva Investors in the global convertibles asset class.
With immediate effect, Aviva Investors has appointed Westwood to sub-advise the
Aviva Investors Global Convertibles Fund, a Luxembourg-domiciled long-only
convertibles fund, available to non-U.S. investors in certain countries.
Westwood will also continue to manage the Aviva Global Convertibles Absolute
Return Fund, a liquid alternative fund that the team has been involved in
managing since its inception in December 2009.
The Westwood Global Convertibles portfolio management team is led by David Clott
and Shawn Mato. Prior to joining Westwood in 2014, Clott and Mato spent over 10
years at Aviva Investors, where they managed the Aviva Investors Global
Convertibles and Aviva Investors Global Convertibles Absolute Return Funds.
This announcement further emphasizes Westwood's strategic commitment to
expanding our global client base by providing high-conviction and outcome-
oriented strategies to investors directly, or in this case through sub-advisory
relationships. President and CEO, Brian Casey said, "Over the past two years, we
have built a strong relationship with Aviva and delivered on the return and risk
profile expectations of the clients invested in the Aviva Global Convertibles
Absolute Return Fund. We believe the enhanced partnership we are announcing
today is a logical next step in that relationship and strengthens Westwood's
ability to deliver our investment capabilities to non-U.S. clients."
About Westwood
Westwood Holdings Group, Inc. provides investment management services to
institutional investors, private wealth clients and financial intermediaries.
With $21 billion in assets under management (as of June 30, 2016), the firm
offers a range of investment strategies including U.S. equities, Master Limited
Partnerships (MLPs), Multi-Asset, Global and Emerging Markets equities, and
Global Convertible securities portfolios. Access to these strategies is
available through separate accounts, the Westwood Funds family of mutual funds,
UCITS funds and other pooled vehicles. Westwood benefits from significant,
broad-based employee ownership and trades on the New York Stock Exchange under
the symbol "WHG." Based in Dallas, Westwood also maintains offices in Toronto,
Boston, Omaha and Houston.
Contact: Martin Coughlan
Telephone: 214-756-6900
Email: mcoughlan(at)westwoodgroup.com
Website: westwoodgroup.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Westwood Holdings Group Inc via GlobeNewswire
Bereitgestellt von Benutzer: hugin
Datum: 19.10.2016 - 11:00 Uhr
Sprache: Deutsch
News-ID 501374
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