The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A Philly Shop Picks a Prez For Fund Arm Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, August 21, 2015

A Philly Shop Picks a Prez For Fund Arm

Reported by Neil Anderson, Managing Editor

A $30-billion shop in Pennsylvania just picked a new chief for its $11-billion arm that includes its mutual fund business. That new chief is on the lookout for strategic plays for his shop.

Gordon Fowler, CEO and chief investment officer of Philadelphia-based Glenmede Trust Company, confirms the promotion of Peter Zuleba to president of Glenmede Investment Management [profile].

An 11-year Glenmede veteran, Zuleba previously jointly led GIM alongside Fowler himself and Sally Wirtz. Wirtz will continue to serve as chief administrative officer of the sales, servicing and fund administration division of GIM.

Looking forward, Zuleba sees the liquid alternatives space in particular as an area with opportunity for GIM to expand in. He confirms that GIM would even be open to doing acquisitions, liftouts, or subadvisory deals.

"We haven't explored that to the same degree before," Zuleba tells MFWire. "We're not averse to considering any of those options."

GIM's core strategy historically has been its small-cap offering, which has about $3 billion of its $5.3 billion in AUM for outside clients (mostly via mutual funds). Yet they also had options-based strategies, other equity strategies, and liquid alts strategies. But Zuleba's not in a product-development rush.

"We still have a long runway with the current lineup that we have today," Zuleba says.

Glenmede, which also offers its own active institutional strategies directly to private clients, first launched GIM in 2007. Glenmede overall now has $30 billion in investable AUM.

Zuleba has served as a PM, director of fundamental research, and head equity at Glenmede. He most recently served as director of investment management. He's an alumnus of the University of Miami and the University of Delaware, and he spent more than 15 years at J.P. Morgan before joining Glenmede. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use