Delaware Investments

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Delaware Investments
TypeSubsidiary
IndustryFinancial services
Founded1929
FounderAdmiral W. Linton Nelson [1]
HeadquartersPhiladelphia, United States
Key people
  • Shawn Lytle (President)
  • Brett Lewthwaite (Head of Fixed Income)
  • David Connor (General Counsel and Secretary)
  • John Leonard (Head of Global Equities)
  • John Stowe (Chief Information Officer)
  • Ilysse Pratter (Head of Human Resources)
Products
Number of employees
~ 500 (2021)
ParentMacquarie Group
Websitehttps://www.delawarefunds.com/

Delaware Investments was a US-based asset management firm with $174.2 billion in assets under management as of September 30, 2016 [2] with 132 portfolio managers, analysts, and traders. It is a wholly owned subsidiary of Australia's Macquarie Group.

In April 2017, Delaware Investments was rebranded as Macquarie Investment Management, effectively ending the original entity.[3] The US funds continue to be managed under the "Delaware Funds by Macquarie" brand. In 2020, Macquarie Investment Management began acquisition of Overland Park, Kansas based asset manager Waddell and Reed (Ivy Funds). [4]

History[]

Delaware Investments commenced business in 1929 and introduced its first mutual fund in 1938.

Institutional separate account management established 1972, Taft-Hartley business established 1974, and International/Global capabilities established 1990.

In 2000 the fixed income capabilities enhanced and in 2007 it launched Launched Delaware Investments Global Funds plc.[5]

It was acquired by Macquarie Group in 2010[6] and in 2017 became Macquarie Investment Management.

References[]

  1. ^ "Nelsonfoundationpa.org". Archived from the original on 2011-05-23. Retrieved 2010-02-11.
  2. ^ Delaware Investments
  3. ^ "Macquarie Group's Delaware Investments Rebrands as Macquarie Investment Management". Macquarie. April 3, 2017. Retrieved June 15, 2017.
  4. ^ "Australia's Macquarie to buy Waddell & Reed Financial for $1.7 billion". CNBC. December 2, 2020. Retrieved January 20, 2021.
  5. ^ "Delaware Investments History". Archived from the original on 2010-07-06.
  6. ^ "About Macquarie" (PDF). Macquarie Group.

External links[]

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