American Century Investments(R) Launches International Business; Opens London Office.KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo. -- American Century Investments American Century Investments is a privately held investment management firm. Its headquarters are located at 4500 Main in Kansas City, Missouri, near the famous Country Club Plaza. It was formerly known as Twentieth Century Investments. The company was founded by James E. ([R]), a leading privately held asset management firm, announced the launch of its international business and opening of a London sales office. Through the new international enterprise, American Century Investments will focus on delivering its growth strategies -- specifically global growth, emerging markets and U.S. growth equities -- to institutions and financial intermediaries Financial intermediaries institution that provide the market function of matching borrowers and lenders or traders. . The company is in the process of establishing Undertakings for Collective Investments in Transferable Securities Undertakings for Collective Investment in Transferable Securities (or UCITS, pronounced yoo-sits) are a set of European Union directives that aim to allow collective investment schemes to operate freely throughout the EU on the basis of a single authorisation from (UCITS Undertakings for the Collective Investment of Transferable Securities - UCITS A public limited company that coordinates the distribution and management of unit trusts amongst countries within the European Union. III) in order to facilitate the marketing and sale of the firm's strategies outside the United States. The UCITS will be domiciled in Luxembourg. "The creation of an international business is a significant initiative in our 50-year history, a milestone we celebrate this month," said Jonathan S. Thomas, American Century Investments' president and chief executive officer. "We have a well-deserved reputation for delivering superior investment results and an unwavering commitment to helping clients achieve success, attributes that will resonate with international prospects." Recently, American Century Investments appointed Michael Green -- a 20-year veteran of the global asset management industry -- to the newly created position of senior vice president of international. Previously chief executive officer of Morgan Stanley Investment Management, non-Americas, Green is leading American Century Investments' international distribution efforts. From the London office, Green and his sales team will target financial intermediaries and institutional investors across the United Kingdom, Europe and the Middle East. "American Century Investments has been providing equity strategies to investors in the United States for 50 years. More recently, non-US investors have begun to recognize the applicability of the company's investment approach to their portfolios, creating a tremendous opportunity for expansion," said Green. "The opening of our London office enables American Century Investments to serve this growing client base more effectively and further develop our international distribution." All asset management responsibilities will continue to be handled by portfolio management teams based in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Kansas City, Missouri Kansas City is the largest city in the state of Missouri. It encompasses parts of Jackson, Clay, Cass, and Platte counties and is the anchor city of the Kansas City Metropolitan Area, the second largest in Missouri, which includes counties in both Missouri and Kansas. and Mountain View, California For the census-designated place, see Mountain View, Contra Costa County, California. For other places called "Mountain View", see . Mountain View is a city in Santa Clara County, in the U.S. state of California. The city gets its name from the views of the Santa Cruz Mountains. . About American Century Investments American Century Investments is a leading investment manager, committed to delivering superior investment performance and building long-term client relationships since 1958. Serving investment professionals, institutions, corporations and individual investors, American Century Investments offers a broad array of products across a variety of investment disciplines. With offices in New York, Mountain View, Calif. and Kansas City, Mo., the company manages more than $84 billion1 in assets through mutual funds, institutional separate accounts, commingled trusts and subadvisory accounts. James E. Stowers James E. Stowers (born 1924) is the founder of American Century Investments and the Stowers Institute for Medical Research. Born and raised in Kansas City, Missouri, Jim Stowers graduated from Kemper Military School in Boonville, Missouri. Jr. founded the company and serves as co-chairman of the board. Jonathan S. Thomas is president and chief executive officer and Enrique Chang is chief investment officer. For the past nine years, American Century Investments, which employs 1,600 people, has been selected as one of FORTUNE Magazine's 100 Best Companies to Work for in America. For more information visit www.americancentury.com. 1 Assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. as of Sept. 30, 2008. |
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