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Tuesday, January 24, 2012

Aston Surpasses $10B

by: Hung Tran

Happy New Year indeed. Aston Asset Management, LP today revealed that its mutual fund assets under management exceeded $10 billion, as of the close of business on January 19. Aston surpassed the $10 billion mark shortly after celebrating its five-year anniversary last month.

Aston's growth was fueled by its key strategy of forming partnerships with independent money managers, according to the firm.

"While we are very pleased to have reached this milestone, we are not content to simply rest on our laurels," stated Kenneth Anderson, Aston's president. "We will continue to diligently execute our strategy, working closely with our subadvisers to help our clients reach their investing goals." 

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