CLEVELAND, Nov. 9, 2018 /PRNewswire/ -- KeyBank
Institutional Advisors, a division of Key Private Bank has been
named the "Most Innovative Manager of 2018" by Fundmap's
Institutional Asset Management Awards from a shortlist of six firms
serving the North American institutional market. This award honors
Key Private Bank as best-in-class for innovation in servicing the
needs of foundations and endowments with more than $1 billion in assets over the past 12 months.
Criteria for this distinction include commercial success and
business growth, demonstration of product innovation, as well as
positive client feedback.
"This award is a testament to our institutional services team,
our legacy of serving institutional and non-profit clients, and our
rich history of supporting and addressing their evolving needs,"
said Terry Jenkins, president of Key
Private Bank.
"We are honored to win this award in a category that reflects
the strategy we set forth for our clients and also includes
established firms with a long tradition in this industry," said
Cathy O'Malley Kearney, head of
KeyBank Institutional Advisors.
The Institutional Asset Management Awards are designed to
recognize the superior firms serving the North American
institutional market. The winners were selected by an independent
panel of buy-side judges who cast votes for the top managers and
consultants serving three different classes of investors:
foundations and endowments (F&Es) with more than $1 billion in assets, F&Es with under
$1 billion in assets, and pension
plans.
About KeyBank Institutional Advisors
KeyBank
Institutional Advisors, a division of Key Private Bank, serves
nonprofits, defined benefit plans, corporations, government
agencies and Tribal Nations providing advisory, investment
management, trust administration, customized credit and banking
services. KeyBank Institutional Advisors has $9.7 billion AUM and $34.5
billion in AUA at September 30,
2018.
About Key Private Bank
Key Private Bank is a leading
provider of wealth management solutions and advice for high-net
worth, ultra-high-net worth and institutional clients, including
wealth advisory, investment management, trust administration,
customized credit, family office and private banking services.
Key's wealth management platform combines the market insights of
local advisors with a national team of wealth and investment
strategists to deliver proactive, customized advice and solutions.
With $40.6 billion in AUM and
$41.1 billion in AUA at September 30, 2018, Key Private Bank's wealth
management platform is delivered across 15 states served by KeyBank
N.A.
About KeyCorp
KeyCorp's (NYSE: KEY) roots trace back
190 years to Albany, New York.
Headquartered in Cleveland, Ohio,
Key is one of the nation's largest bank-based financial services
companies, with assets of approximately $138.8 billion at September 30, 2018. Key provides deposit,
lending, cash management, and investment services to individuals
and businesses in 15 states under the name KeyBank National
Association through a network of over 1,100 branches and more than
1,500 ATMs. Key also provides a broad range of sophisticated
corporate and investment banking products, such as merger and
acquisition advice, public and private debt and equity,
syndications and derivatives to middle market companies in selected
industries throughout the United
States under the KeyBanc Capital Markets trade name. For
more information, visit https://www.key.com/. KeyBank is
Member FDIC.
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SOURCE KeyCorp