RAMIREZ ASSET MANAGEMENT Ramirez Asset Management (“RAM”) is proud to announce that it has been selected by Emerging Manager Monthly, a publication of Financial Investment News, as the Fixed-Income Manager of the Year for 2015.
Emerging Manager Monthly recently announced the winners for the 10th Annual Emerging Manager Awards.
Winners were selected based on several criteria, including: excess returns over the benchmark, performance versus peers, product asset growth, product asset percentage growth, and information ratios.
A total of 424 products across a variety of asset classes were presented to a committee of industry experts who used both quantitative and qualitative measures to select award recipients.
Panel of judges included Cheryl Hines, Former Director at Teachers Retirement System of Texas; Andrew Palmer, CIO – Maryland State Retirement & Pension System; Brian Wrubel – CEO & President, Marquette Associates.
“Ramirez Asset Management is no stranger to the emerging manager space, managing assets for several public pension funds through manager-of-managers Progress Investment Management Co.” – Emerging Manager Monthly
2015 RAM Highlights
Strong investment performance - the Ramirez Core Strategy and Ramirez Strategic Core Strategy, rank in the top 16% and 7% respectively within the eVestment US Core Fixed Income universe over the 3-year period ending December 31, 2015.
Significant growth in AUM - total assets under management of $1.2 billion as of year-end 2015, which represents an increase in AUM of 25% over the prior year. As of1Q 2016, total AUM was $1.35 billion.
Experienced team continues to grow - 3 new hires in 2015 (representing 25% growth rate); 2 new hires in 2016 YTD.
Notable Defined Benefit client base – the majority of RAM’s defined benefit clients are included in the top 100 largest corporate and public retirement plans* in the US across a variety of strategies including: Short Duration, Core, and Long Duration.
Defined Contribution expertise - RAM is one of only a few emerging and diverse firms that have a five year track record managing defined contribution and Stable Value assets for eligible plans.
*According to Pensions & Investments “The largest retirement funds / sponsors”; February 8, 2016 edition. Full Article: http://emergingmanagermonthly.com/wp-content/uploads/2016/04/2016-EMM-Emerging-Manager-of-the-Year-Winners.pdf
Experience
The Ramirez Advantage Team Approach Performance Client Service