ATLANTA--(EON: Enhanced Online News)--EARNEST Partners (“The Firm”), an investment manager with more than $20bn in assets under management, is pleased to announce that its Emerging Markets strategy is now available as a mutual fund in the U.S. The Firm was recently selected as the sole sub-advisor of the American Beacon Earnest Partners Emerging Markets Equity Fund.
American Beacon Advisors conducted a months-long, global search for a sub-advisor of the new fund. The due diligence process focused on the overall firm, the investment team, and the fundamental investment process. The fund commenced operations on September 19, 2013, offering five classes of shares.
EARNEST Partners’ CEO and Founder Paul Viera commented, “We are proud to work with American Beacon. We have served as a sole sub-advisor over the years to firms such as Hancock Horizon Investments, Harbor Funds, and Touchstone Investments. On a daily basis, we recognize the importance of what has been entrusted to our care. We look forward to many years of mutual success with American Beacon.”
About EARNEST Partners
EARNEST Partners is an independent, employee-owned asset management firm. The Firm offers a variety of competitive equity and fixed income products across the respective market cap and duration spectrums. Our investment approach is long-term oriented and focuses on the merits of individual securities when making investment decisions. EARNEST Partners is headquartered in the U.S. with additional offices in China and Brazil.