Wednesday, March 03, 2010
Janus Subsidiary Expands its Senior Ranks
Reported by InvestmentWires Staff,
subsidiary Intech Investment Management
tapped Stephen Brennan as senior managing director. He will report to Jennifer Young, president and co-CEO.
Brennan's post is newly created. He will work with existing client and consultant service teams to expand Intech relationships.
Prior to joining Intech, Brennan served as vice president of marketing at Research Affiliates
Company Press Release
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--INTECH Investment Management LLC (INTECH) today announced the hiring of Stephen F. Brennan to the newly created position of Senior Managing Director. Mr. Brennan will be a member of INTECH’s leadership team. In this role, his responsibilities will be broad based and will encompass working with existing client and consultant service teams to expand and further develop key INTECH relationships. He will report to Jennifer Young, CFA, President and Co-Chief Executive Officer.
In announcing the hiring of Mr. Brennan, Robert A. Garvy, Chairman and Chief Executive Officer of INTECH said, “We are very pleased to have Steve join INTECH. We expect his strong relationships within the institutional marketplace and tremendous depth of knowledge will help INTECH further solidify its position in the industry.”
"I am honored to be joining INTECH, a firm well-known and respected within the institutional marketplace, ” said Brennan. “I believe INTECH has all the right ingredients to achieve even greater success in the future. I’ve always been impressed with the stability of the organization, its strong investment philosophy, and the firm’s long-term performance record, all of which contributed to my decision to join INTECH.”
Prior to joining INTECH, Mr. Brennan was Vice President, Marketing at Research Affiliates based in Newport Beach, Calif., where he was responsible for the firm’s sales activities focusing on institutional clients in the U.S. Prior to joining Research Affiliates, Steve was a Director of Marketing at Fox Eaton Vance with responsibility for marketing to institutional accounts, including public funds, Taft-Hartley, corporate funds and endowments. Steve earned a Bachelor of Science degree from San Jose State University.
Headed by Chairman and Chief Executive Officer Robert A. Garvy, INTECH was founded in 1987 following research undertaken by Dr. E. Robert Fernholz, the company’s Chief Investment Officer, and the publication of his paper in 1982, on mathematical investment processes titled “Stochastic Portfolio Theory and Stock Market Equilibrium.” The company’s global headquarters is located in West Palm Beach, Florida, and has offices in Princeton, New Jersey, and London, England. As of December 31, 2009, INTECH had approximately $48.0 billion under management and 84 employees. INTECH is an independently managed subsidiary of Janus Capital Group.
About Janus Capital Group Inc.
Janus Capital Group Inc. (JCG) is a global investment firm offering strategies from three individual investment boutiques: Janus Capital Management LLC (Janus), INTECH Investment Management LLC (INTECH) and Perkins Investment Management LLC (Perkins). Each manager employs a research intensive approach that is distinct within its respective asset class. This multi-boutique approach enables the firm to provide style-specific expertise across an array of strategies, including growth, value and risk managed equities, fixed income and alternatives through one common distribution platform.
At the end of December 2009, JCG managed $159.7 billion in assets for shareholders, clients and institutions around the globe. Based in Denver, JCG also has offices in London, Milan, Munich, Singapore, Hong Kong, Tokyo and Melbourne.
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