Delaware Investments was a
US-based
asset management
Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings ...
firm with $174.2 billion in
assets under management as of September 30, 2016 with 132 portfolio managers, analysts, and traders. It is a wholly owned subsidiary of Australia's
Macquarie Group
Macquarie Group Limited () is an Australian global financial services group. Headquartered and listed in Australia (), Macquarie employs more than 17,000 staff in 33 markets, is the world's largest infrastructure asset manager and Australia' ...
.
In April 2017, Delaware Investments was rebranded as Macquarie Investment Management, effectively ending the original entity.
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
Overland Park ( ) is the second-most populous city in the U.S. state of Kansas. Located in Johnson County, Kansas, it is one of four principal cities in the Kansas City metropolitan area and the most populous suburb of Kansas City, Missouri. As o ...
based asset manager
Waddell and Reed
Waddell & Reed Financial, Inc. was an American asset management and financial planning company founded in 1937 in Kansas City, Missouri. It was a publicly traded company from 1998 to 2021, and briefly had its headquarters in Overland Park, Kans ...
(Ivy Funds).
History
Delaware Investments commenced business in 1929 and introduced its first
mutual fund
A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV i ...
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.
It was acquired by Macquarie Group in 2010
and in 2017 became Macquarie Investment Management.
References
External links
*
Macquarie Group, Parent Company of Delaware Investments macquarie.com
hoovers.com
Mutual funds of the United States
Financial services companies established in 1929
Financial services companies disestablished in 2017
Companies based in Philadelphia
2010 mergers and acquisitions
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