A History Of Growth And Innovation
We reached US$100 billion in assets under management through years.By the end of 2015,our AUM rose to $245 billion. This is also when we acquired joonry&CO,the global private equity fund-of-funds specialist headquartered in DL,and the Australian HR services operation of Feredo in August-a move that added more than 350 Expert associates to our ranks and enabled us to offer an unmatched array of invested and administrative services.
It became the State Association of Investment Companies in 1941. In 1940,Company members included 68 mutual funds and 43 closed-end funds,and assets for the fund industry totaled $2.1 billion.
Became The Investment Expert
SAIC changed its name to the Investment Expert in 1999,the year that underwriters and advisers of mutual funds became eligible for membership.IE objectives are essential organizing priciples for the many and varied activites in which the comapny participates.
IE Relocated To Washington,DC
IE relocated to Washington,DC. Unit Investment trusts were welcomed as Company memebers in 2005 to improve public understanding of investment companies and the policy issues that affect funds and their shareholders.
Today in 2016
Today,in 2016,IE celebrates the 75th anniversary of its founding and of the key legislation that gave rise to the modern fund industry.IE serves as a spokesman for funds and their share holders before policymakers,opinion leaders and the global media.
We have invested $2.4 billion in 150 transactions
across 11 countries”