Gabelli Asset Management
1 Corporate Center, Rye, NY 10580; phone: (914) 921-5000; fax: (914) 921-5060
(U.S. $ millions)
Total assets 15,245
Total U.S. institutional tax-exempt 7,493
Internal U.S. institutional tax-exempt 7,493
Total international/global 455
Internal international 29
Active equity accounts 29
Internal global 426
Active equity accounts 320
Balanced 21
Active bond accounts 85
Gabelli Asset Management Co. Inc. had $29 million in international accounts and $426 million in global accounts as of March 31.
The firm's asset mix for international accounts was 93% equity and 7% cash as of March 31.
As of the same date, its global account asset mix was 75% equity, 20% bonds and 5% cash.
Analysts or portfolio managers are stationed in Reno, N.V., and Rye.
The statistics shown above include data from Gabelli Fixed Income and Gabelli Funds Inc.
The firm, a subsidiary of Gabelli Funds Inc., has been registered with the SEC since 1977.
Mario J. Gabelli is chief investment officer; Marc Gabelli is client contact.
GE Investments
3003 Summer St., Stamford, CT 06905; phone: (203) 326-2300; fax: (203) 326-4106; www.ge.com
(U.S. $ millions)
Total assets 75,576
Total U.S. institutional tax-exempt 57,272
Internal U.S. institutional tax-exempt 48,683
Total international/global 9,258
Internal international 7,633
Active equity accounts 6,142
Indexed equity accounts 498
Emerging markets equity 397
Active bond accounts 596
Internal global 271
Active equity accounts 271
Nondomestic pension assets 719
GE Investments had $7.633 billion in international accounts and $271 million in global accounts as of March 31.
The firm's asset mix for international accounts was 90% equity, 7% bonds and 3% cash as of March 31; equity assets were committed most heavily to France, the U.K., Germany, Japan and Italy.
As of the same date, its global account asset mix was 97% equity and 3% cash; equity assets were committed most heavily to the U.S., France, the U.K., the Netherlands and Italy.
The firm actively manages portfolios using a fundamental bottom-up approach to stock picking within a risk-controlled structure.
In addition to the assets listed above, $1.354 billion in U.S. institutional tax-exempt assets are managed for international accounts on the firm's behalf by external managers.
The firm manages $982 million in U.S. markets for non-U.S.-based institutional clients.
Analysts or portfolio managers are stationed in Stamford; Los Angeles; London; and Tokyo.
The firm, a subsidiary of General Electric, is registered with the SEC.
John Myers is chief investment officer; Geoffrey Norman is client contact.
Genesis Asset Managers
21 Knightsbridge, London, SW1X 7LY England; phone: (44-171) 201-7200; fax: (44-171) 201-7450
(U.S. $ millions)
Total assets 7,411
Total U.S. institutional tax-exempt 4,961
Internal U.S. institutional tax-exempt 4,961
Total international/global 4,961
Internal international 4,961
Emerging markets equity 4,961
Nondomestic pension assets 4,961
Genesis Asset Managers Ltd. had $4.961 billion in international accounts as of March 31. The firm's asset mix for those accounts was 100% equity as of that date; assets were committed most heavily to Argentina, Brazil, Chile, China and Mexico.
The firm uses bottom-up, passive country selection combined with active security selection emphasizing high stable growth with value.
Analysts or portfolio managers are stationed in London, Sao Paulo, Nairobi, New Delhi and Santiago.
The firm, a subsidiary of Genesis Holdings International Ltd., has been registered with the SEC since 1990.
Richard G.P. Carss is chief investment officer; Jeremy O. Paulson Ellis is client contact.
Goldman, Sachs & Co. Asset Management Division
1 New York Plaza, 40th Floor, New York, NY 10004; phone: (212) 902- 0100; fax: (212) 357-9015
(U.S. $ millions)
Total assets 142,315
Total U.S. institutional tax-exempt 31,837
Internal U.S. institutional tax-exempt 31,837
Total international/global 3,252
Internal international 621
Active equity accounts 216
Other 405
Internal global 2,631
Active equity accounts 85
Balanced 2,546
Nondomestic pension assets 39,125
Goldman, Sachs & Co., Asset Management Division, had $621 million in international accounts and $2.631 billion in global accounts as of March 31.
The firm's asset mix for international accounts was 35% equity, 65% currency as of March 31; equity assets were committed most heavily to Japan, the U.K., the Netherlands, Sweden and France.
As of the same date, its global account asset mix was 79% equity, 18% bonds, 3% other; equity assets were committed most heavily to the U.S., Japan, the U.K., the Netherlands and Sweden.
The firm is a multistyle manager. It combines traditional fundamental analysis with quantitative valuation modeling to identify attractive securities.
The firm manages $7.629 billion in U.S. markets for non-U.S.-based institutional clients.
Analysts or portfolio managers are stationed in New York, London, Tokyo, Singapore, Tampa, Princeton, Chicago and Paris.
The firm, a subsidiary of Goldman, Sachs & Co., has been registered with the SEC since 1981.
Sharmin Mossavar-Rahmini is chief investment officer; David K. Kaugher is client contact.
Grantham, Mayo, Van Otterloo & Co. LLC
40 Rowes Wharf, Boston, MA 02110; phone: (617) 330-7500; fax: (617) 261-0134
(U.S. $ millions)
Total assets 29,581
Total U.S. institutional tax-exempt 24,740
Internal U.S. institutional tax-exempt 24,740
Total international/global 15,323
Internal international 12,707
Active equity accounts 11,126
Emerging markets equity 1,581
Internal global 2,616
Active equity accounts 23
Balanced 115
Active bond accounts 1,374
Emerging markets debt 1,104
Nondomestic pension assets 2,072
Grantham, Mayo, Van Otterloo & Co. LLC had $12.707 billion in international accounts and $2.616 billion in global accounts as of March 31.
The firm's asset mix for international accounts was 98% equity and 2% cash as of March 31; equity assets were committed most heavily to the U.K., Italy, Germany, Switzerland and Japan.
As of the same date, its global account asset mix was 5% equity, 94% bonds, 1% cash; equity assets were committed most heavily to the U.S., the U.K., Germany, Italy and Japan.
The firm is a value-oriented investment manager.
The firm manages $17 million in U.S. markets for non-U.S.-based institutional clients.
Analysts or portfolio managers are stationed in Boston, Berkeley, London and Sydney.
The firm has been registered with the SEC since 1977.
Eyk Van Otterloo, Jeremy Grantham and Richard Mayo are senior investment officers; Topher Callahan is client contact.
