The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Delaware Debuts a New Fund Under the Macquarie Banner Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, January 26, 2010

Delaware Debuts a New Fund Under the Macquarie Banner

Reported by Patricia Kelly

With the ink finally dry on the deal handing Philadelphia-based Delaware Investments over to its new Australian owner, the Macquarie Group, the asset manager wasted no time in launching a mutual fund under the new entity's banner.

On Monday, the Delaware Macquarie Global Infrastructure Fund was unveiled, offering an actively managed U.S. fund open to both individual and institutional investors. The new fund seeks to realize long-term capital appreciation and current income by investing at least 80 percent (under normal circumstances)of its net assets, including borrowings for investment purposes, in securities issued by U.S. and non-U.S. companies that are primarily involved in the infrastructure industry. The fund includes Class A (DMGAX), Class C (DMGCX), Class R (DMGRX), and Class I (DMGIX) shares. Class A shares are offered at 958 basis points, Class C shares for 1033 bps, and Class R shares for 983 bps.

The global infrastructure fund will be sub-advised by Macquarie Capital Investment Management LLC (MCIM) and managed by Andrew Maple-Brown, portfolio manager and senior vice president of the Macquarie Funds Group.

“Global infrastructure is a compelling, long-term investment opportunity that offers investors the potential for capital growth, diversification, and stable, inflation-linked income,” Maple-Brown stated.

As previously reported by The MFWire, the $451.8 million merger between Delaware Investments and the Macquarie Group was announced as early as August of last year, but the deal was only fully completed on January 4 2010. In the wake of the integration however, both company's monikers were to be integrated, with the asset manager henceforward branded as “Delaware Investments, a member of Macquarie Group.”

“Combining the expertise of Macquarie and Delaware is very exciting for our mutual fund platform,” stated J. Scott Coleman, executive vice president and head of distribution and marketing as Delaware Investments.

“We have terrific sales momentum coming into this year,” Coleman added. “We are eager to present our retail clients with a variety of solutions –- whether we are providing the more traditional long-only products that Delaware has offered previously or by identifying ways to make the additional offerings from our Macquarie colleagues available to our Delaware clients.” 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

  1. 2024 ICI Leadership Summit, May 21-23
  2. MFDF webinar - Mutual Fund Director Compensation: the MPI Annual Survey (2024), May 21
  3. Schwab Institutional Investor Day, May 22
  4. IMEA webinar - Opportunities in the Evolving Wealth Management Market, May 22
  5. Raymond James 2024 Analyst & Investor Day, May 23
  6. WE SoCal - How to Lead With Impact: Fireside Chat With Lorraine Le, May 23
  7. MFDF Conference of Fund Leaders Forum, June 5
  8. MFDF in-person outreach: Continuing Regulatory Impacts on Fund Boards, June 11
  9. MFDF webinar - Digital Assets in the Fund Space (Part 1 of 2), June 12
  10. 2024 MMI Leadership Pathway Seminar, Jun 12-14
  11. 2024 Nicsa Fearless Leadership Symposium, June 12
  12. Expect Miracles East Coast Classic 2024, June 13
  13. MFDF webinar - Lessons Learned from the Regional Bank Volatility and the Impact on Registered Funds, June 18
  14. MFDF Director Discussion Series - Open Forum (Philadelphia), June 20
  15. New York YPEM Cornhole Classic, June 25
  16. Morningstar Investment Conference Conference 2024, Jun 26-27
  17. MFDF webinar - Mid-Year Tax Update for Registered Investment Companies, July 16
  18. MFDF Director Discussion Series - Open Forum via Zoom, July 17
  19. MFDF Director Discussion Series - Open Forum (New York), July 23
  20. 2024 MMI Annual Conference, Oct 15-17
  21. 5th Annual ETFGI Global ETFs Insight Summit, October 29
  22. MFDF webinar - Digital Assets in the Fund Space (part 2 of 2), November 7
  23. MFDF 2025 Directors' Institute, January 27 - 29, 2025
  24. MFDF 2025 Fund Governance & Regulatory Insights Conference, March 6 - 7, 2025

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use