Montage Investments adds asset manager and mutual fund to offering
Montage Investments, which provides institutional investment managers to a wide range of investors, has added Giralda Advisors to its offering.
In addition, the firm will be adding The Giralda Fund to its suite of mutual funds.
Giralda Advisors is an asset management firm committed to delivering investment solutions with a particular focus on achieving long-term growth. The Giralda Fund currently has USD220m in assets and is designed to seek long-term capital appreciation through risk-managed exposure to the equity markets.
"Montage was founded with an objective of bringing together sophisticated investment managers specifically to meet the needs of intermediaries and their clients," says Gary P Henson (pictured), president and chief investment officer of Montage. "The addition of Giralda Advisors and The Giralda Fund to our family enhances our ability to help advisors achieve their goals."
Jerry Miccolis, chief investment officer of Giralda Advisors, says: “I am excited about this change and the opportunities it brings to our investors and associates. Montage's vast distribution resources and its focus on providing innovative solutions that meet the needs of advisors and their clients have the potential to greatly enhance our growth. I look forward to what the next several years will bring."
The addition of The Giralda Fund brings the number of mutual funds offered by Montage to six. Since the beginning of 2011, Montage has grown its assets under management from USD7.3bn to now more than USD12bn, illustrating a trend among financial intermediaries to augment their clients' portfolios with distinct alternative investment solutions.
- Special Reports
- How to set up a hedge fund