Money management firms: ranked by assets managed as of Dec. 31, 2002.EXECUTIVE SUMMARY THE harsh financial climate made for a difficult year among L.A. County's money managers. Aggregate 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 Dec. 31, 2002 at the 25 largest firms just topped $1 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time. (mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed. In the USA and Canada, 10^12. , a 2.7 percent decline over the year earlier. The five largest firms accounted for close to three-quarters Noun 1. three-quarters - three of four equal parts; "three-fourths of a pound" three-fourths common fraction, simple fraction - the quotient of two integers three-quarters npl → of the total asset value and more than 90 percent of asset decrease. No.25 Roger Engemann & Associates Inc. experienced a sharp decline, with assets under management at $4 billion, nearly half last year's figure. Focused on growth stock investing, especially in large-cap Large-cap A stock with a high level of capitalization, usually at least $5 billion market value. large-cap 1. Of or relating to the common stock of a big corporation that has considerable retained earnings and a large amount of equities, the finn's assets peaked in 1999 at $17.5 billion. The bear market, along with people pulling money out of the stock market, have hit Engemann hard, said Gretchen
Due to charter consolidation, U.S. Trust Co. advanced nine spots to No. 4. despite a $12 billion decline in assets to $81 billion. It wasn't was·n't Contraction of was not. wasn't was not wasn't be all bad news. Eleven firms reported increased assets under management in 2002. No. 3 Western Asset Management added $17.9 billion. Nicole Taylor Taylor, city (1990 pop. 70,811), Wayne co., SE Mich., a suburb of Detroit adjacent to Dearborn; founded 1847 as a township, inc. as a city 1968. A small rural village until World War II, it developed significantly in the second half of the 20th cent. THE PACESETTER CAPITAL RESEARCH & MANAGEMENT CO. THOUGH it repeated as the largest money management firm in L.A. County, ranked by assets under management, Capital Research & Management Co. was not immune to the poor investment climate. It reported a $9 billion decline in funds under management, a 2.5 percent decrease. Still, with $358.1 billion in assets under management as of Dec. 31, 2002, Capital Research is more than three times larger than No. 2 Capital Guardian guardian In law, one who has, or is legally appointed to, the care and management of another, usually a minor. A natural guardian is a guardian by natural relationship (usually the father or mother). Trust Co. Founded in 1931 by Jonathan Bell Lovelace Jonathan Bell Lovelace (1895-1979) is the founder of The Capital Group Companies. He grew up in Southern Alabama and attended Auburn University. His son, Jonathan Lovlace Jr., currently runs the companies. , Capital Research was the first of the five Capital Group Companies. It has 5,000 employees in four national service centers and nine investment offices worldwide. Its downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or location houses 28 portfolio managers and 30 researchers, with an estimated 600 employees in L.A. County. The firm is an investment adviser to 29 open-end o·pen-end adj. 1. Having no definite limit of duration or amount: an open-end contract. 2. mutual funds in the American Funds  Please see the discussion on the talk page. American Funds, which accounts for the majority of Capital Research's assets, is the third largest mutual fund family in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , behind Vanguard Vanguard Any of three unmanned U.S. experimental satellites. Vanguard I (1958), the second U.S. satellite placed in orbit around Earth (after Explorer 1), was a tiny 3.25-lb (1.47-kg) sphere with two radio transmitters. Group and Fidelity Fidelity is a notion that at its most abstract level implies a truthful connection to a source or sources. Its original meaning dealt with loyalty and attentiveness to one's duty to a lord or a king, in a broader sense than the related concept of fealty. . It manages 6.2 percent of all assets in the U.S. mutual fund market, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Financial Research Corp. The firm sells its products exclusively through brokers. Nicole Taylor [GRAPH graph, figure that shows relationships between quantities. The graph of a function y=f (x) is the set of points with coordinates [x, f (x)] in the xy-plane, when x and y are numbers. OMITTED] [GRAPH OMITTED]
Rank Firm (Ranking in 2002) Assets Managed
* name (billions)
* address * Dec. 31, 2002
* Dec. 31, 2001
1 Capital Research & $358.1
Management Co. (1) $367.1
333 S. Hope St.
Los Angeles 90071
2 Capital Guardian 105.4
Trust Co. (2) 120.1
333 S. Hope St.
Los Angeles 90071
3 Western Asset 112.1
Management (3) 94.2
117 E. Colorado Blvd.
Pasadena 91105
4 U.S. Trust Co. (13) 81 (1)
515 S. Flower St., 93 (1)
Suite 2700
Los Angeles 90071
5 The TCW Growp (4) 79
865 S. Figueroa St., 88
Suite 1800
Los angeles 90017
6 Payden & Rygel (5) 45
333 S. Grand Ave. 37
Los Angeles 90071
7 Dimensional Fund 34.3
Advisors (6) 35.1
1299 Ocean Ave.
Santa Monica 90401
8 Oaktree Capital 25.4
Management LLC (8) 22.8
333 S. Grand Ave.,
28th Floor
Los Angeles 90026
9 Primecap Management Co. (7) 22.5
225 S. Lake Ave., Suite 400 29.3
Pasadena 91101
10 Boston Co. Asset 20.3
Management LLC (9) 21.5
400 S. Hope St., Suite 500
Los Angeles 90071
11 HighMark Capital 17.1
Management Inc. (10) 19.1
445 S. Figueroa St.,
Suite 306
Los Angeles 90071
12 Metropolitan West Asset 15.3
Management (11) 16.1 (2)
11766 Wilshire Blvd.,
Suite 1580
Los Angeles 90025
13 First Qaudrant LP (12) 13.3
800 E. Colorado Blvd., 14.7
Suite 900
Pasadena 91101
14 Pacific Financial 13.1
Research (15) 9.6
9601 Wilshire Blvd.,
Suite 800
Beverly Hills 90210
15 Transamerica Investment 11.9
Management LLC (16) 11.8
1150 S. Olive St.,
27th Floor
Los Angeles 90015
16 CB Richard Ellis $11.4
Investors (14) $10
865 S. Figueroa St.,
Suite 3500
Los Angeles 90017
17 Kayne Anderson 8
Rudnick LLC (22) 7.6
1800 Avenue of the Stars,
Second Floor
Los Angeles 90067
18 Northern Trust Bank of 7.9
California N.A. (18) 9
355 S. Grand Ave.,
Suite 2600
Los Angeles 90071
19 Wilshire Associates Inc. - 7.6
Fund Management Div. 5.3
1299 Ocean Ave., Suite 700
Santa Monica 90401
20 NWQ Investment Management 7.6
Co. LLC (23) 6.5
2049 Century Park East,
Fourth Floor
Los Angeles 90067
21 City National Bank (24) 5.9
400 N. Roxbury Drive 6.3
Beverly Hills 90210
22 Provident Investment 4.9
Counsel Inc. (17) 8.6
300 N. Lake Ave.
Pasadena 91101
23 Hotchkis & Wiley Capital 4.9
Management LLC (25) 4.6
725 S. Figueroa St.,
39th Floor
Los Angeles 90017
24 First Pacific Advisors Inc. 4.1
11400 W. Olympic Blvd., 3.5
Suite 1200
Los Angeles 90064
25 Roger Engemann & 4
Associates Inc. (20) 7.6
600 N. Rosemead Blvd.
Pasadena 91107
Rank Firm (Ranking in 2002) Financial Products Offered
* name (partial list)
* address
1 Capital Research & mutual funds, annuities
Management Co. (1)
333 S. Hope St.
Los Angeles 90071
2 Capital Guardian U.S., non-U.S., emerging
Trust Co. (2) markets, equity and
333 S. Hope St. fixed income
Los Angeles 90071
3 Western Asset fixed income including
Management (3) U.S. cash and short
117 E. Colorado Blvd. duration, core, corporate,
Pasadena 91105 long duration, high
yield, and index plus
4 U.S. Trust Co. (13) investment management,
515 S. Flower St., private banking,
Suite 2700 trust administration,
Los Angeles 90071 financial planning
5 The TCW Growp (4) U.S. equities and fixed
865 S. Figueroa St., income, high-yield bonds
Suite 1800
Los angeles 90017
6 Payden & Rygel (5) high-yield, emerging
333 S. Grand Ave. markets and tax exempt
Los Angeles 90071 bonds, low duration, core
bond/core plus, small- and
large-cap growth equities
7 Dimensional Fund U.S. small- and
Advisors (6) large-cap, U.S. small- and
1299 Ocean Ave. large-cap values, tax managed
Santa Monica 90401 small, tax managed value,
tax managed marketwide
8 Oaktree Capital high yield bonds, convertible
Management LLC (8) securities, distressed debt,
333 S. Grand Ave., principal activities,
28th Floor real estate, mezzanine debt,
Los Angeles 90026 emerging market equities
9 Primecap Management Co. (7) equities composite,
225 S. Lake Ave., Suite 400 vanguard primecap and
Pasadena 91101 capital opportunity funds
10 Boston Co. Asset large-cap, dynamic,
Management LLC (9) disciplined, EAFE,
400 S. Hope St., Suite 500 international, emerging
Los Angeles 90071 markets and ACWI
ex-U.S. value equities
11 HighMark Capital value momentum,
Management Inc. (10) small-cap growth, bond,
445 S. Figueroa St., diversified money market,
Suite 306 balanced, cash management
Los Angeles 90071
12 Metropolitan West Asset fixed income
Management (11)
11766 Wilshire Blvd.,
Suite 1580
Los Angeles 90025
13 First Qaudrant LP (12) U.S. core and market
800 E. Colorado Blvd., neutral equities,
Suite 900 Pan European market neutral
Pasadena 91101 equities, tax advantaged
equities, options, asset
allocation, currency
14 Pacific Financial large-cap value,
Research (15) mutual funds
9601 Wilshire Blvd.,
Suite 800
Beverly Hills 90210
15 Transamerica Investment large growth, small/mid
Management LLC (16) growth, small/mid value, core
1150 S. Olive St., equity, balanced, fixed
27th Floor income, convertibles
Los Angeles 90015
16 CB Richard Ellis real estate
Investors (14) investment management
865 S. Figueroa St.,
Suite 3500
Los Angeles 90017
17 Kayne Anderson small-, mid- and large-cap
Rudnick LLC (22) value, international and
1800 Avenue of the Stars, small-cap sustainable
Second Floor growth equities
Los Angeles 90067
18 Northern Trust Bank of private banking, personal
California N.A. (18) trust, investment management,
355 S. Grand Ave., corporate and institutional
Suite 2600 services, mutual funds/
Los Angeles 90071 brokerage, IRAs, hedge funds
19 Wilshire Associates Inc. - private equity fund of
Fund Management Div. funds, multi-equities,
1299 Ocean Ave., Suite 700 fixed income, mutualfunds
Santa Monica 90401
20 NWQ Investment Management large-, mid- and small-cap value,
Co. LLC (23) special and international value
2049 Century Park East, equities, large-and all-cap
Fourth Floor balanced, core fixed income
Los Angeles 90067
21 City National Bank (24) asset management services,
400 N. Roxbury Drive business and personal trust
Beverly Hills 90210 services, estate and financial
planning, institutional
and personal custody
22 Provident Investment mid- and small-cap value,
Counsel Inc. (17) SMID, growth and flexible
300 N. Lake Ave. large growth equities, active
Pasadena 91101 core fixed income-aggregate
23 Hotchkis & Wiley Capital institutional asset
Management LLC (25) management, mutual funds
725 S. Figueroa St.,
39th Floor
Los Angeles 90017
24 First Pacific Advisors Inc. contrarian value,
11400 W. Olympic Blvd., small- and mid-cap
Suite 1200 absolute value and quality,
Los Angeles 90064 core plus fixed income,
mutual funds including
crescent, capital, perennial
25 Roger Engemann & individually managed accounts,
Associates Inc. (20) sumall, mid- and large-cap
600 N. Rosemead Blvd. growth and balanced growth
Pasadena 91107 equities, mutual funds
Rank Firm (Ranking in 2002) Minimum
* name Separate
* address Account
(millions)
1 Capital Research & varies
Management Co. (1)
333 S. Hope St.
Los Angeles 90071
2 Capital Guardian $10-$50
Trust Co. (2)
333 S. Hope St.
Los Angeles 90071
3 Western Asset 25-75
Management (3)
117 E. Colorado Blvd.
Pasadena 91105
4 U.S. Trust Co. (13) 2
515 S. Flower St.,
Suite 2700
Los Angeles 90071
5 The TCW Growp (4) varies
865 S. Figueroa St.,
Suite 1800
Los angeles 90017
6 Payden & Rygel (5) varies
333 S. Grand Ave.
Los Angeles 90071
7 Dimensional Fund 2
Advisors (6)
1299 Ocean Ave.
Santa Monica 90401
8 Oaktree Capital 3
Management LLC (8)
333 S. Grand Ave.,
28th Floor
Los Angeles 90026
9 Primecap Management Co. (7) 100
225 S. Lake Ave., Suite 400
Pasadena 91101
10 Boston Co. Asset 5-10
Management LLC (9)
400 S. Hope St., Suite 500
Los Angeles 90071
11 HighMark Capital 0.1
Management Inc. (10)
445 S. Figueroa St.,
Suite 306
Los Angeles 90071
12 Metropolitan West Asset 10-25
Management (11)
11766 Wilshire Blvd.,
Suite 1580
Los Angeles 90025
13 First Qaudrant LP (12) 25
800 E. Colorado Blvd.,
Suite 900
Pasadena 91101
14 Pacific Financial 50
Research (15)
9601 Wilshire Blvd.,
Suite 800
Beverly Hills 90210
15 Transamerica Investment 10
Management LLC (16)
1150 S. Olive St.,
27th Floor
Los Angeles 90015
16 CB Richard Ellis N/A
Investors (14)
865 S. Figueroa St.,
Suite 3500
Los Angeles 90017
17 Kayne Anderson $1
Rudnick LLC (22)
1800 Avenue of the Stars,
Second Floor
Los Angeles 90067
18 Northern Trust Bank of 2
California N.A. (18)
355 S. Grand Ave.,
Suite 2600
Los Angeles 90071
19 Wilshire Associates Inc. - varies
Fund Management Div.
1299 Ocean Ave., Suite 700
Santa Monica 90401
20 NWQ Investment Management 2
Co. LLC (23)
2049 Century Park East,
Fourth Floor
Los Angeles 90067
21 City National Bank (24) 1
400 N. Roxbury Drive
Beverly Hills 90210
22 Provident Investment 5
Counsel Inc. (17)
300 N. Lake Ave.
Pasadena 91101
23 Hotchkis & Wiley Capital 10
Management LLC (25)
725 S. Figueroa St.,
39th Floor
Los Angeles 90017
24 First Pacific Advisors Inc. 10-25
11400 W. Olympic Blvd.,
Suite 1200
Los Angeles 90064
25 Roger Engemann & 0.25
Associates Inc. (20)
600 N. Rosemead Blvd.
Pasadena 91107
Rank Firm (Ranking in 2002) Mutual Funds
* name * Available for average
* address individual investors
* minimum investment amount
1 Capital Research & yes
Management Co. (1) varies
333 S. Hope St.
Los Angeles 90071
2 Capital Guardian no
Trust Co. (2) N/A
333 S. Hope St.
Los Angeles 90071
3 Western Asset yes
Management (3) $1 million
117 E. Colorado Blvd.
Pasadena 91105
4 U.S. Trust Co. (13) no
515 S. Flower St., N/A
Suite 2700
Los Angeles 90071
5 The TCW Growp (4) yes
865 S. Figueroa St., 2,000
Suite 1800
Los angeles 90017
6 Payden & Rygel (5) yes
333 S. Grand Ave. 2,000-5,000
Los Angeles 90071
7 Dimensional Fund no
Advisors (6) 2 million
1299 Ocean Ave.
Santa Monica 90401
8 Oaktree Capital no
Management LLC (8) N/A
333 S. Grand Ave.,
28th Floor
Los Angeles 90026
9 Primecap Management Co. (7) yes
225 S. Lake Ave., Suite 400 25,000
Pasadena 91101
10 Boston Co. Asset no
Management LLC (9) N/A
400 S. Hope St., Suite 500
Los Angeles 90071
11 HighMark Capital yes
Management Inc. (10) 1,000
445 S. Figueroa St.,
Suite 306
Los Angeles 90071
12 Metropolitan West Asset yes
Management (11) 5,000
11766 Wilshire Blvd.,
Suite 1580
Los Angeles 90025
13 First Qaudrant LP (12) no
800 E. Colorado Blvd., N/A
Suite 900
Pasadena 91101
14 Pacific Financial yes
Research (15) 2,000-25,000
9601 Wilshire Blvd.,
Suite 800
Beverly Hills 90210
15 Transamerica Investment yes
Management LLC (16) 1,000
1150 S. Olive St.,
27th Floor
Los Angeles 90015
16 CB Richard Ellis no
Investors (14) N/A
865 S. Figueroa St.,
Suite 3500
Los Angeles 90017
17 Kayne Anderson yes
Rudnick LLC (22) $500
1800 Avenue of the Stars,
Second Floor
Los Angeles 90067
18 Northern Trust Bank of yes
California N.A. (18) 2,500
355 S. Grand Ave.,
Suite 2600
Los Angeles 90071
19 Wilshire Associates Inc. - yes
Fund Management Div. varies
1299 Ocean Ave., Suite 700
Santa Monica 90401
20 NWQ Investment Management no
Co. LLC (23) N/A
2049 Century Park East,
Fourth Floor
Los Angeles 90067
21 City National Bank (24) yes
400 N. Roxbury Drive 500-2,500
Beverly Hills 90210
22 Provident Investment yes
Counsel Inc. (17) 2,000
300 N. Lake Ave.
Pasadena 91101
23 Hotchkis & Wiley Capital yes
Management LLC (25) 1,000-2,500
725 S. Figueroa St.,
39th Floor
Los Angeles 90017
24 First Pacific Advisors Inc. yes
11400 W. Olympic Blvd., 100-2,500
Suite 1200
Los Angeles 90064
25 Roger Engemann & yes
Associates Inc. (20) 25-500
600 N. Rosemead Blvd.
Pasadena 91107
Rank Firm (Ranking in 2002) Foreign Assets
* name Managed
* address (partial list)
1 Capital Research & equities, bonds,
Management Co. (1) convertible securities
333 S. Hope St.
Los Angeles 90071
2 Capital Guardian non-U.S., global
Trust Co. (2) equity and fixed
333 S. Hope St. income
Los Angeles 90071
3 Western Asset fixed income including
Management (3) global sovereign, core,
117 E. Colorado Blvd. full, and multi-sector
Pasadena 91105
4 U.S. Trust Co. (13) international mutual
515 S. Flower St., funds
Suite 2700
Los Angeles 90071
5 The TCW Growp (4) mezzanine/distressed
865 S. Figueroa St., debt, private equities
Suite 1800
Los angeles 90017
6 Payden & Rygel (5) global fixed income,
333 S. Grand Ave. emerging markets bonds,
Los Angeles 90071 European equities
7 Dimensional Fund international small-
Advisors (6) and large-cap,
1299 Ocean Ave. international small value
Santa Monica 90401
8 Oaktree Capital international convertible
Management LLC (8) securities, European
333 S. Grand Ave., high-yield bonds
28th Floor
Los Angeles 90026
9 Primecap Management Co. (7) N/A
225 S. Lake Ave., Suite 400
Pasadena 91101
10 Boston Co. Asset N/A
Management LLC (9)
400 S. Hope St., Suite 500
Los Angeles 90071
11 HighMark Capital international equity
Management Inc. (10) fund
445 S. Figueroa St.,
Suite 306
Los Angeles 90071
12 Metropolitan West Asset N/A
Management (11)
11766 Wilshire Blvd.,
Suite 1580
Los Angeles 90025
13 First Qaudrant LP (12) corporate pension
800 E. Colorado Blvd., plans, public funds
Suite 900
Pasadena 91101
14 Pacific Financial N/A
Research (15)
9601 Wilshire Blvd.,
Suite 800
Beverly Hills 90210
15 Transamerica Investment N/A
Management LLC (16)
1150 S. Olive St.,
27th Floor
Los Angeles 90015
16 CB Richard Ellis real estate
Investors (14)
865 S. Figueroa St.,
Suite 3500
Los Angeles 90017
17 Kayne Anderson international and
Rudnick LLC (22) global equities
1800 Avenue of the Stars,
Second Floor
Los Angeles 90067
18 Northern Trust Bank of American
California N.A. (18) depository receipts
355 S. Grand Ave.,
Suite 2600
Los Angeles 90071
19 Wilshire Associates Inc. - multiple assets
Fund Management Div.
1299 Ocean Ave., Suite 700
Santa Monica 90401
20 NWQ Investment Management N/A
Co. LLC (23)
2049 Century Park East,
Fourth Floor
Los Angeles 90067
21 City National Bank (24) international equities
400 N. Roxbury Drive
Beverly Hills 90210
22 Provident Investment N/A
Counsel Inc. (17)
300 N. Lake Ave.
Pasadena 91101
23 Hotchkis & Wiley Capital N/A
Management LLC (25)
725 S. Figueroa St.,
39th Floor
Los Angeles 90017
24 First Pacific Advisors Inc. N/A
11400 W. Olympic Blvd.,
Suite 1200
Los Angeles 90064
25 Roger Engemann & N/A
Associates Inc. (20)
600 N. Rosemead Blvd.
Pasadena 91107
Rank Firm (Ranking in 2002) L.A. County Staff
* name * portfolio mgrs.
* address * researchers
1 Capital Research & 28
Management Co. (1) 30
333 S. Hope St.
Los Angeles 90071
2 Capital Guardian 15
Trust Co. (2) 21
333 S. Hope St.
Los Angeles 90071
3 Western Asset 22
Management (3) same
117 E. Colorado Blvd.
Pasadena 91105
4 U.S. Trust Co. (13) 18
515 S. Flower St., N/A
Suite 2700
Los Angeles 90071
5 The TCW Growp (4) 33
865 S. Figueroa St., 84
Suite 1800
Los angeles 90017
6 Payden & Rygel (5) N/A
333 S. Grand Ave. N/A
Los Angeles 90071
7 Dimensional Fund 15
Advisors (6) 5
1299 Ocean Ave.
Santa Monica 90401
8 Oaktree Capital 5
Management LLC (8) 42
333 S. Grand Ave.,
28th Floor
Los Angeles 90026
9 Primecap Management Co. (7) 6
225 S. Lake Ave., Suite 400 same
Pasadena 91101
10 Boston Co. Asset 1
Management LLC (9) same
400 S. Hope St., Suite 500
Los Angeles 90071
11 HighMark Capital 6
Management Inc. (10) N/A
445 S. Figueroa St.,
Suite 306
Los Angeles 90071
12 Metropolitan West Asset 12
Management (11) 10
11766 Wilshire Blvd.,
Suite 1580
Los Angeles 90025
13 First Qaudrant LP (12) 4
800 E. Colorado Blvd., 2
Suite 900
Pasadena 91101
14 Pacific Financial 7
Research (15) same
9601 Wilshire Blvd.,
Suite 800
Beverly Hills 90210
15 Transamerica Investment 4
Management LLC (16) 3
1150 S. Olive St.,
27th Floor
Los Angeles 90015
16 CB Richard Ellis 18
Investors (14) 4
865 S. Figueroa St.,
Suite 3500
Los Angeles 90017
17 Kayne Anderson 10
Rudnick LLC (22) 8
1800 Avenue of the Stars,
Second Floor
Los Angeles 90067
18 Northern Trust Bank of 12
California N.A. (18) N/A
355 S. Grand Ave.,
Suite 2600
Los Angeles 90071
19 Wilshire Associates Inc. - 2
Fund Management Div. 11
1299 Ocean Ave., Suite 700
Santa Monica 90401
20 NWQ Investment Management 7
Co. LLC (23) 13
2049 Century Park East,
Fourth Floor
Los Angeles 90067
21 City National Bank (24) 14
400 N. Roxbury Drive 2
Beverly Hills 90210
22 Provident Investment 18
Counsel Inc. (17) 10
300 N. Lake Ave.
Pasadena 91101
23 Hotchkis & Wiley Capital 8
Management LLC (25) 15
725 S. Figueroa St.,
39th Floor
Los Angeles 90017
24 First Pacific Advisors Inc. 7
11400 W. Olympic Blvd., same
Suite 1200
Los Angeles 90064
25 Roger Engemann & 7
Associates Inc. (20) 8
600 N. Rosemead Blvd.
Pasadena 91107
Rank Firm (Ranking in 2002) Key Executives
* name * chief investment officer
* address * client contact
* phone
1 Capital Research & James E. Rothenberg
Management Co. (1) Chuck Friedhoff
333 S. Hope St. (213) 486-9200
Los Angeles 90071
2 Capital Guardian David Fisher
Trust Co. (2) John Seiter
333 S. Hope St. (213) 486-9200
Los Angeles 90071
3 Western Asset S. Kenneth Leech
Management (3) Veronica Amici
117 E. Colorado Blvd. (626) 844-9400
Pasadena 91105
4 U.S. Trust Co. (13) Robert Raney
515 S. Flower St., Carmie Saldana
Suite 2700 (213) 861-5000
Los Angeles 90071
5 The TCW Growp (4) Robert D. Beyar
865 S. Figueroa St., Mark W. Gibello
Suite 1800 (213) 244-0000
Los angeles 90017
6 Payden & Rygel (5) Global Policy Committee
333 S. Grand Ave. Greg Brown
Los Angeles 90071 (213) 625-1900
7 Dimensional Fund David G. Booth
Advisors (6) John C. Siciliano
1299 Ocean Ave. (310) 395-8005
Santa Monica 90401
8 Oaktree Capital Howard Marks
Management LLC (8) Kevin Clayton
333 S. Grand Ave., (212) 284-1900
28th Floor
Los Angeles 90026
9 Primecap Management Co. (7) Howard B. Schow
225 S. Lake Ave., Suite 400 Roderick M. Brower
Pasadena 91101 (626) 304-9222
10 Boston Co. Asset Corey Griffin
Management LLC (9) Robert T. Harkins
400 S. Hope St., Suite 500 (213) 553-9800
Los Angeles 90071
11 HighMark Capital Luke Mazur
Management Inc. (10) Chip Howard
445 S. Figueroa St., (800) 555-1212
Suite 306
Los Angeles 90071
12 Metropolitan West Asset Tad Rivelle
Management (11) Chris Scibelli
11766 Wilshire Blvd., (310) 966-8900
Suite 1580
Los Angeles 90025
13 First Qaudrant LP (12) Max Darnell
800 E. Colorado Blvd., Rick Roberts
Suite 900 (626) 795-8220
Pasadena 91101
14 Pacific Financial James H. Gipson
Research (15) Holly Toole
9601 Wilshire Blvd., (310) 247-3939
Suite 800
Beverly Hills 90210
15 Transamerica Investment Gary Rolle
Management LLC (16) Timothy Hassett
1150 S. Olive St., (866) 846-1800
27th Floor
Los Angeles 90015
16 CB Richard Ellis Robert Zerbst
Investors (14) Scott McArtor
865 S. Figueroa St., (213) 683-4200
Suite 3500
Los Angeles 90017
17 Kayne Anderson Allan Rudnick
Rudnick LLC (22) Kevin Welsh
1800 Avenue of the Stars, (800) 231-7414
Second Floor
Los Angeles 90067
18 Northern Trust Bank of John Skjervem
California N.A. (18) M. Clark/D. Berghoff
355 S. Grand Ave., (213) 346-1300
Suite 2600
Los Angeles 90071
19 Wilshire Associates Inc. - J. Ennis/M. O'Keeffe
Fund Management Div. T. Lynch/B. Haskin/
1299 Ocean Ave., Suite 700 A. Chaloff
Santa Monica 90401 (310) 451-3051
20 NWQ Investment Management Jon D. Bosse
Co. LLC (23) Patrick G. Goshtigian
2049 Century Park East, (310) 712-4000
Fourth Floor
Los Angeles 90067
21 City National Bank (24) Richard A. Weiss
400 N. Roxbury Drive Julianne Cruz
Beverly Hills 90210 (800) 708-8881
22 Provident Investment WND
Counsel Inc. (17) F. Brown Windle
300 N. Lake Ave. (626) 449-8500
Pasadena 91101
23 Hotchkis & Wiley Capital George Davis
Management LLC (25) Karen Bynum
725 S. Figueroa St., (213) 430-1000
39th Floor
Los Angeles 90017
24 First Pacific Advisors Inc. WND
11400 W. Olympic Blvd., A. Maitra/C. Schmitz
Suite 1200 (310) 473-0225
Los Angeles 90064
25 Roger Engemann & Gretchen Lash
Associates Inc. (20) Matthew L. Hall
600 N. Rosemead Blvd. (626) 351-9686
Pasadena 91107
WND - Would not disclose
N/A - Not applicable
(1)Last year's figures were for West Coast only. Current figures are
national.
(2)Discprepancy of 2001 figures due to misreporting of numbers by
company.
Note: The information on this list was supplied by representatives of
the companies. Firms are ranked by assets under management as of Dec.
31, 2002 and the number of portfolio managers, respectively. Bradford &
Marzec Inc., No. 21 last year, may have qualified for the list but
failed to submit information.
To the best of our knowledge, this information is accurate as of press
time. While every effort is made to ensure the accuracy and thoroughness
of the list, omissions and typographical errors sometimes occur. Please
send corrections or additions on company letterhead to the Research
Department, Los Angeles Business Journal, 5700 Wilshire Blvd., Suite
170, Los Angeles 90036. [c]2003 Los Angeles Business Journal. This list
may not be reprinted in whole or in part without prior written
permission from the editor. Reprints are available from Wright's
Reprints, (877) 652-5295.
Researched by Nicole Taylor
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