International Asset Management Company

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Written by Peter Alan   
Wednesday, 16 July 2008

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ABN Asset Management announces today that it has completed the acquisition of 100% of International Asset Management (IAM) following receipt of regulatory approval from the UK Financial Services Authority. ABN AMRO announced on 20 January a definitive agreement to acquire IAM.

IAM is a specialist fund of hedge funds manager with circa USD 2.8 billion of assets under management. A carefully planned integration process will now begin.

"We are looking forward to working more closely with our partners at IAM now that the deal has closed. Through our shared values of excellent client service and strong performance we hope to maximise the benefits of the acquisition while maintaining business as usual for existing clients," said Kevin Smith, Chief Investment Officer Equities at ABN AMRO Asset Management.

ABN AMRO Asset Management is one of the world's leading asset managers, with significant experience in managing assets for private investors and for institutional clients. It manages assets of EUR 176.2 bln (as at 31 December 2005) and is a unit of Netherlands-based ABN AMRO, a leading international bank with total assets of EUR 880.8 bln (as at 31 December 2005). It has over 3,000 branches in approximately 60 countries and territories and is listed on the Euronext and New York stock exchanges.

IAM is a leading fund of hedge funds manager, specialising in the investment management of bespoke diversified portfolios for institutional and private clients. IAM, which was founded in 1989, is one of the oldest and strongest performing investment managers; its flagship fund, Alternative Investment Strategies Ltd, has had a 10.53% annualised return since its inception in 1996.

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BRUSSEL, BELGIUM-(Marketwire- July 9, 2008)- Fortis has sold International Asset Management Limited (IAM) to its management team, supported by certain third. DIC Asset Management is a wholly-owned asset management subsidiary of Dubai International Capital LLC regulated by the Dubai Financial Services. Yardi Asset Management is an autonomous financial system that works International Property Management Software. TK Consultants delivers global asset management services to the international leasing community.  The Company provides active asset management in many major investment.


Last Updated ( Wednesday, 16 July 2008 )