| [October 12, 2015] |
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Edge Asset Management Announces Hiring of Cliff Remily and Toby Jayne
Edge Asset Management (EDGE) announces the hiring of Cliff Remily and
Toby Jayne. Remily will be a co-portfolio manager focused on building
out the International and Global Equity Income strategies, adding to
EDGE's existing suite of equity income capabilities. Jayne will serve as
a co-portfolio manager for EDGE's core equity capabilities, which
includes a Capital Appreciation and a Mid Cap strategy. EDGE is an
affiliate of Principal Global Investors and a member company of the
Principal Financial Group®.
EDGE's Assets Under Management have grown steadily over the last few
years. "As we've grown, we've added to our team. Providing the best
products and services requires the best people. We are excited to have
Cliff and Toby as part of the EDGE team," said Jill Cuniff, president of
Edge Asset Management.
Remily comes with 16 years of experience, most recently with PIMCO where
he was executive vice president and Global Equity portfolio manager.
Prior to that, he worked at Thornburg Investment Management where he was
a partner and managing director and developed a strong track record
co-managing their global equity income strategies. He has earned the
right to use the Chartered Financial Analyst designation and holds a
degree in business administration from the University of Washington and
an MBA from the University of Southern California, Marshall School of
Business.
Jayne has 17 years of experience in the investment industry and was mst
recently with Wellington Management Company, LLC where he was a managing
director and worked as a portfolio manager on the International Value
strategy and as an investment analyst on the Global Value team. He has
earned the right to use the Chartered Financial Analyst designation and
has a degree from Harvard University.
About Edge Asset Management
Edge Asset Management is a
leading manager of equity, fixed income and asset allocation strategies,
managing $30.2 billion as of June 30, 2015. With a foundation dating
back to 1939, EDGE's heritage has been as a value-driven, long term
oriented investment firm. As an affiliate of Principal Global Investors,
EDGE enjoys the focus of a boutique firm while able to leverage the
resources of a global leader. EDGE is headquartered in Seattle,
Washington.
About Principal Global Investors
Principal Global Investors
is a diversified asset management organization and a member of the
Principal Financial Group®, with expertise in equities, fixed
income and real estate investments, as well as specialized overlay and
advisory services. Principal Global Investors manages $346.2 billion in
assets1 primarily for retirement plans and other
institutional clients2.
1 As of June 30, 2015.
2 Principal Global
Investors is the asset management arm of the Principal Financial Group®
(The Principal®) and includes the asset management operations
of the following subsidiaries of The Principal: Principal Global
Investors, LLC; Principal Real Estate Investors, LLC; Principal
Enterprise Capital, LLC; Liongate Capital Management LLP; Spectrum (News - Alert) Asset
Management, Inc.; Post Advisory Group, LLC; Columbus Circle Investors;
Edge Asset Management, Inc.; Morley Financial Services Inc.; Finisterre
Capital, LLP; Origin Asset Management, LLP; Principal Global Investors
(Europe) Limited; Principal Global Investors (Singapore) Ltd.; Principal
Global Investors (Australia) Ltd.; Principal Global Investors (Japan)
Ltd.; Principal Global Investors (Hong Kong) Ltd.; CIMB-Principal
Islamic Asset Management Sdn. Bhd.; and the majority owned affiliates of
Principal International, Inc. Assets under management includes assets
managed by investment professionals of Principal Global Investors under
dual employee arrangements with other subsidiaries of The Principal and
assets managed in accordance with investment advice provided by
Principal Global Investors through the delivery of a model.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151012005812/en/
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