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

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

Rating:Bye, Bye, Westcore Funds Not Rated 5.0 Email Routing List Email & Route  Print Print
Thursday, June 14, 2018

Bye, Bye, Westcore Funds

Reported by Neil Anderson, Managing Editor

Denver Investments and its Westcore Funds are no more ... at least in name.

Last month Chicago-based Segall Bryant & Hamill (SBH [profile]) closed on its planned acquisition (first unveiled in January) of Denver Investments, and shortly thereafter SBH CEO Philip Hildebrandt confirmed that the Westcore funds will be rolled into the Segall Bryant & Hamill Funds. Mark Rewey, director of sales and marketing at SBH, confirms that the Denver Investments and Westcore Funds brands have "gone away." Don't expect more SBH M&A just yet.

"We're not going to be making more acquisitions right now," Rewey tells MFWire. "We've got a full plate right now, a very comprehensive set of strategies and solutions."

"We have capacity. The main focus ... is to grow our funds," Rewey adds. "We're obviously focusing on multiple distribution channels."

Most of the team at Denver Investments joined SBH as part of the deal, Rewey confirms. SBH now has about 150 people working with about $20 billion in AUM, and it now offers 18 mutual funds.

"We doubled down on active management essentially," Rewey says. 

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

5.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
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:
Raw XML
Add to My Yahoo!
follow us in feedly




©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