Scout Investments Forms Long-Term Employment Agreements with Reams Asset Management Principals
August 28 2014 - 12:45PM
Business Wire
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
Scout InvestmentsCrissy Zantiny,
816-391-4102crissy.zantiny@scoutinv.com
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