Delaware Investments
Delaware Investments was a US-based asset management firm with $174.2 billion in assets under management as of September 30, 2016 [2] with 132 portfolio managers, analysts, and traders. It is a wholly owned subsidiary of Australia's Macquarie Group.
Type | Subsidiary |
---|---|
Industry | Financial services |
Founded | 1929 |
Founder | Admiral W. Linton Nelson [1] |
Headquarters | Philadelphia, United States |
Key people |
|
Products |
|
Number of employees | ~ 500 (2021) |
Parent | Macquarie Group |
Website | https://www.delawarefunds.com/ |
In April 2017, Delaware Investments was rebranded as Macquarie Investment Management, effectively ending the original entity.[3] The US funds continue to be managed under the "Delaware Funds by Macquarie" brand. In 2020, Macquarie Investment Management began acquisition of Overland Park, Kansas based asset manager Waddell and Reed (Ivy Funds). [4]
History
- 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[5]
- 2010: Acquired by Macquarie Group[6]
- 2017: Became Macquarie Investment Management
References
- "Nelsonfoundationpa.org". Archived from the original on 2011-05-23. Retrieved 2010-02-11.
- Delaware Investments
- "Macquarie Group's Delaware Investments Rebrands as Macquarie Investment Management". Macquarie. April 3, 2017. Retrieved June 15, 2017.
- "Australia's Macquarie to buy Waddell & Reed Financial for $1.7 billion". CNBC. December 2, 2020. Retrieved January 20, 2021.
- "Delaware Investments History". Archived from the original on 2010-07-06.
- "About Macquarie" (PDF). Macquarie Group.
External links
- Official website
- Macquarie Group, Parent Company of Delaware Investments, macquarie.com
- Hoover's Profile of Delaware Investments, hoovers.com
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.