| Type | Subsidiary of Old Mutual |
|---|---|
| Industry | Financial services |
| Founded | 1977 |
| Headquarters | Boston, Massachusetts |
| Products | Investment management |
| Website | www.acadian-asset.com |
Acadian Asset Management LLC, known as Acadian Asset Management until 31 December 2007, is a company in the financial services industry. It is a global equity manager; its clients include institutions, such as public and private pension plans, governments, foundations, and private individuals. It also sub-advises several mutual funds.
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Acadian Asset Management LLC is a wholly owned subsidiary of Old Mutual, a London-based financial services company. Acadian's corporate headquarters are located in Boston, Massachusetts, with U.S. operations located there. Acadian also has operations in Singapore, London, and a joint venture in Australia.
Acadian Financial Research, the firm's predecessor was founded in 1977. Starting in 1978, Acadian designed, developed and implemented an international index-matching strategy and later an active country selection strategy for the State Street Bank and Trust Company. In 1987, Acadian ended its relationship with State Street and its successor company, Acadian Asset Management began to manage institutional assets directly. Over the last two decades, the firm has served many of the world's largest and most sophisticated investors. In 1992, Acadian became an affiliate of Boston-based United Asset Management (UAM). UAM was acquired in October 2000 by London-based Old Mutual PLC, a publicly traded international financial services group. In 1999, Acadian established Acadian Asset Management Singapore Pte Ltd to better manage portfolios and serve clients, especially in the Asia-Pacific region. Acadian opened their London office in 2007.
Company Website: http://www.acadian-asset.com/CompanyBackground.aspx