DALLAS, Sept. 26, 2016 (GLOBE NEWSWIRE) -- Westwood Holdings Group, Inc. (NYSE:WHG) is pleased to announce an extension of our long term strategic partnership with Aviva Investors in the global convertibles asset class.
With immediate effect, Aviva Investors has appointed Westwood to sub-advise the Aviva Investors Global Convertibles Fund, a Luxembourg-domiciled long-only convertibles fund, available to non-U.S. investors in certain countries.
Westwood will also continue to manage the Aviva Global Convertibles Absolute Return Fund, a liquid alternative fund that the team has been involved in managing since its inception in December 2009.
The Westwood Global Convertibles portfolio management team is led by David Clott and Shawn Mato. Prior to joining Westwood in 2014, Clott and Mato spent over 10 years at Aviva Investors, where they managed the Aviva Investors Global Convertibles and Aviva Investors Global Convertibles Absolute Return Funds.
This announcement further emphasizes Westwood’s strategic commitment to expanding our global client base by providing high-conviction and outcome-oriented strategies to investors directly, or in this case through sub-advisory relationships. President and CEO, Brian Casey said, “Over the past two years, we have built a strong relationship with Aviva and delivered on the return and risk profile expectations of the clients invested in the Aviva Global Convertibles Absolute Return Fund. We believe the enhanced partnership we are announcing today is a logical next step in that relationship and strengthens Westwood’s ability to deliver our investment capabilities to non-U.S. clients.”
Westwood Holdings Group, Inc. provides investment management services to institutional investors, private wealth clients and financial intermediaries. With $21 billion in assets under management (as of June 30, 2016), the firm offers a range of investment strategies including U.S. equities, Master Limited Partnerships (MLPs), Multi-Asset, Global and Emerging Markets equities, and Global Convertible securities portfolios. Access to these strategies is available through separate accounts, the Westwood Funds family of mutual funds, UCITS funds and other pooled vehicles. Westwood benefits from significant, broad-based employee ownership and trades on the New York Stock Exchange under the symbol “WHG.” Based in Dallas, Westwood also maintains offices in Toronto, Boston, Omaha and Houston.
Source:Westwood Holdings Group Inc