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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]
In January 2009, Lincoln sold its Delaware Investments subsidiary to Macquarie Group. [15] Delaware Investments was integrated into Macquarie's global asset management arm, Macquarie Funds Group effective January 5, 2010. In December 2023, Lincoln sold its wealth management unit to Osaic for an undisclosed amount. [16]
Delaware Investments ® Municipal Income Funds Announce Dividends PHILADELPHIA--(BUSINESS WIRE)-- Today, the following three Delaware Investments municipal income funds, all closed-end management ...
Wilmington Trust was founded on July 8, 1903, by T. Coleman du Pont, then the president of DuPont, to manage the growing fortune of the duPont family. [2] DuPont opened the business in the dining room and parlor of a former private residence at 915 Market Street in Wilmington, Delaware, with a handful of investors and $500,000 in market capitalization.
No legal recognition of statutory trusts existed until the passage of the Delaware Statutory Trust Act (DSTA), 12 Del. C. 3801 et. Seq., in 1988. [6] Under The Act, developed on the premise of trust law , [ 7 ] statutory trusts were now recognized as their own legal entity, separate from their trustee(s), [ 8 ] offering freedom from the ...
The following is a limited list of mutual-fund families in the United States.A family of mutual funds is a group of funds that are marketed under one or more brand names, usually having the same distributor (the company which handles selling and redeeming shares of the fund in transactions with investors), and investment advisor (which is usually a corporate cousin of the distributor).
On July 8, 2009, Marathon was selected by the U.S. Department of the Treasury to serve as one of eight firms to manage the Legacy Securities Public Private Investment Program Fund. [ 6 ] Marathon Asset Management was one of the companies accused of threatening to block the European attempt to save Greece from defaulting unless they are ...
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