mast image

Special Report

Impact investing

Sections

Frank Russell adds Suffolk to multi manager roster

UK- Frank Russell Company has added New York-based Suffolk Capital Management to its roster of investment managers. The multi manager hired Suffolk to work on the Dublin and Cayman-domiciled US equity funds worth a respective $1.3bn and $420m.

The appointment represent about $125m for Suffolk and takes its total assignments in Russell’s funds to fourteen.

Suffolk joins a seven other managers in the two funds including Alliance Capital Management, Barclays Global Investors, JP Morgan Investment Management, MFS Institutional Advisors, Peachtree Asset Management, Turner Investment Partners and Strong Capital Management.

“Suffolk is an opportunistic addition to these funds, which already are well diversified by manager and characteristics, since this manager had previously been closed for new cashflows,” says portfolio manager Damian Barry.

“We believe Suffolk will add value in part because they use a highly sophisticated valuation model that determines which stocks are the most undervalued relative to their future growth rates. “

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2543

    Asset class: Search of an Asset manager / Advisor managing / Advising a risk-based equity derivatives overlay program.
    Asset region: Global Developed Markets Equities, Global Emerging Markets Equities, Swiss Equities.
    Size: CHF 700-2100 million.
    Closing date: 2019-06-17.

  • QN-2544

    Asset class: Transitional Real Estate Debt.
    Asset region: North America (USA/Canada).
    Size: $50-100mn.
    Closing date: 2019-06-17.

  • QN-2546

    Asset class: Real Estate Equity Fund (non listed).
    Asset region: Europe.
    Size: Total CHF 600m, approx. CHF 100-300m per fund investment.
    Closing date: 2019-06-28.

Begin Your Search Here
<