Scout
Investments, Inc. (Scout) announced that it has entered into
long-term employment agreements with key principals of Reams Asset
Management (Reams) through 2022.
Reams, the fixed income division of Scout, was acquired in November 2010
to diversify its strategy offerings to include both equity and fixed
income. At the time of the acquisition, Reams managed just under $10
billion. As of June 30, 2014, fixed income assets represented $17.7
billion of Scout’s $32.4 billion in total assets under management.
The Reams investment team is led by Mark Egan, Managing Director. “Our
partnership with Scout has been extremely positive for both parties and
we look forward to success in the future,” he said. “We continue to
focus on providing our clients with high-quality fixed income investment
management expertise and the service that they have come to expect.”
Reams institutional clients include corporations, public pension funds,
multi-employer plans, health care organizations, universities,
endowments and foundations.
“Since the acquisition in 2010, we’ve seen significant growth in assets
to our fixed income solutions across our institutional, intermediary,
subadvised and international distribution channels,” said Scout Chief
Executive Officer Andy Iseman. “We look forward to continued growth in
the future with one of the industry’s most respected fixed income teams.”
About Scout Investments
Scout Investments, Inc., a global asset manager headquartered in
Kansas City, Mo., manages more than $32 billion in equity and fixed
income investment strategies for institutions and individual investors.
Scout is the investment subsidiary of UMB Financial Corporation (NASDAQ:
UMBF). Please visit scoutinv.com
for more information on our firm and our products.
SCOUT, SCOUT INVESTMENTS, the Scout design, and the Ribbon design –
Reg. U.S. Tm. Off.
NOT FDIC INSURED – NO BANK GUARANTEE – MAY LOSE VALUE
Copyright Business Wire 2014