DENVER--(BUSINESS WIRE)--ALPS Advisors, Inc. (ALPS), a leading provider of investment advisory services to the financial services industry, today announced the firm was named one of 2012’s fastest-growing mutual fund managers by Strategic Insight.
“We are too, and that reality is allowing us to put together an altogether compelling product offering.”
The recognition marks the Denver-based firm’s third consecutive year ranked in the top 10 fastest growers. In 2012, ALPS – which more than doubled its assets under management – ranked first in the Passively-Managed Stock and Bond Funds and ETF category and second overall.
Strategic Insight, a well-known provider of unbiased mutual fund industry research and business intelligence reports ALPS grew its passive mutual fund assets from $2.7 billion to $5.8 billion across the year.
“That we actually accelerated our rate of growth across such a difficult year tells me our lineup is appealing to the broad investment community,” says Corey Dillon, Senior Vice President and Director of Advisory Services for ALPS Advisors, Inc. “It also tells me our team is doing a terrific job connecting with advisors and investors.”
ALPS partners with best-in-class index providers and sub-advisors to deliver portfolio solutions that help improve diversification and provide exposure to attractive investment themes. Most recently, the firm launched four new exchange-traded funds (ETFs) designed to track a Goldman Sachs proprietary index.
According to Mr. Dillon, his firm’s primary strategy has been to fill niche investment segments with distinctive and well managed solutions.
“I have to think today’s financial advisors and their clients are increasingly more focused on specialized funds and alternative products,” says Mr. Dillon. “We are too, and that reality is allowing us to put together an altogether compelling product offering.”
For the full Strategic Insight report on 2012’s fastest growing managers, visit http://www.sionline.com.
A wholly-owned subsidiary of DST Systems, Inc., headquartered in Denver with offices in Boston, New York, Seattle, and Toronto, ALPS is a 28-year-old financial services firm focused on asset servicing and asset gathering. With more than 400 employees, over 200 clients, and an executive team that has been in place for over 18 years, ALPS continues to actively promote all of its various business segments, from asset servicing through ALPS Fund Services, Inc. to asset gathering through ALPS Distributors, Inc. and ALPS Advisors, Inc. As of December 31, 2012, the firm managed more than $8.25 billion in assets and provided servicing to more than $377 billion in client assets. For more information about ALPS and the services available, visit www.alpsinc.com, and for additional information about ALPS products, visit www.alpsfunds.com.
About Strategic Insight
For more than 20 years, Strategic Insight has been at the forefront of thorough, unbiased mutual fund industry research and business intelligence. We provide our variety of products and services to a range of clients, including executives from more than 200 investment management and insurance companies, distributors, investment banks, hedge funds, consultants and law firms. Strategic Insight’s parent company, Asset International, delivers critical, cutting edge data, research and marketing programs to mutual fund companies, banks, asset managers and insurance companies worldwide. The company has offices in New York, Boston, Hong Kong, London, Melbourne and Stamford, CT. For additional information, visit www.SIonline.com.