IDS International Inc.
IDS Tower 10, Minneapolis, Minn. 55440; phone: (612) 671-3335; fax: (612)
671-4634
(U.S. $ millions)
Total discretionary assets5,679
Non-U.S. pension assets524
U.S. discretionary tax-exempt assets managed:
Total international/global1,717
International551
*Active equity accounts551
Global1,166
*Active equity accounts1,103
*Active bond accounts63
Minimum separate account15
IDS International Inc. had $551 million in international accounts and
$1.166 billion in global accounts as of March 31.
The firm's asset mix for international accounts was 95% equity, 5% cash as of March 31; equity assets were committed most heavily to Japan, the United Kingdom,
France, the Netherlands and Australia.
As of the same date, its global account asset mix was 90% equity, 5% bonds, 5% cash; equity assets were committed most heavily to Japan, the United States, the United Kingdom, France and the Netherlands.
The firm's equity style is a top-down, growth-oriented, country allocation approach.
Analysts or portfolio managers are stationed in Hong Kong, London and Minneapolis.
The firm, a subsidiary of American Express Financial Corp., has been registered with the SEC since 1972.
Paul Hopkins is chief investment officer; Diane K. Vener is client contact.
Investment Advisers Inc.
3700 First Bank Place., Minneapolis, Minn. 55440; phone: (612) 376-2600; fax: (612) 376-8383
(U.S. $ millions)
Total discretionary assets13,879
Non-U.S. pension assets483
U.S. discretionary tax-exempt assets managed:
Total international/global1,034
International881
*Active equity accounts755
*Active bond accounts83
*Balanced43
Global153
*Active equity accounts73
*Active bond accounts14
*Balanced66
Minimum separate account15
Investment Advisers Inc. had $881 million in international accounts and $153 million in global accounts as of March 31.
The firm's asset mix for international accounts was 80% equity, 20% bonds as of March 31; equity assets were committed most heavily to Japan, the United Kingdom, Belgium, France and Spain.
As of the same date, its global account asset mix was 75% equity, 25% bonds; equity assets were committed most heavily to the United States, Japan, the United Kingdom, France and Belgium.
The firm's equity approach focuses on bottom-up stock selection. The fixed-income approach is active management based on a combination of credit cycle analysis, yield curve analysis, sector valuation and issue selection.
Analysts or portfolio managers are stationed in Minneapolis.
The firm, a subsidiary of Hill Samuel Group PLC, has been registered with the SEC since 1965.
Noel P. Rahn is chief investment officer; I.P. "Kip" Knelman is client contact.
Janus Capital Corp.
100 Fillmore St., Suite 300, Denver, Colo. 80206; phone: (800) 525-1068; fax: (303) 394-7697
(U.S. $ millions)
Total discretionary assets24,028
U.S. discretionary tax-exempt assets managed:
Total international/global825
Global825
*Active equity accounts825
Minimum separate account5
Janus Capital Corp. had $825 million in global accounts as of March 31.
As of the same date, its global account asset mix was 87.7% equity, 12.3% cash; equity assets were committed most heavily to the United States, Sweden, the Netherlands, Germany and Switzerland.
The firm emphasizes stock selection stemming from bottom-up, fundamental research in growth stocks.
Analysts or portfolio managers are stationed in Denver and London.
The firm, a subsidiary of Kansas City Southern Industries, is registered with the SEC.
Thomas Bailey is chief investment officer; Mark B. Whiston is client contact.
Jennison Associates Capital
466 Lexington Ave., New York, N.Y. 10017; phone: (212) 421-1000; fax: (212) 949-1544
(U.S. $ millions)
Total discretionary assets22,775
Non-U.S. pension assets1,176
U.S. discretionary tax-exempt assets managed:
Total international/global1,488
International1,488
*Active equity accounts1,488
Minimum separate account30
Jennison Associates Capital Corp. had $1.488 billion in international accounts as of March 31.
The firm's asset mix for international accounts was 96% equity, 4% cash as of March 31; equity assets were committed most heavily to the United Kingdom, Hong Kong, the Netherlands, Spain and Thailand.
The firm selects growth stocks, with particular attention to the following criteria: market capitalization, free float exceeding $750 million, an EPS growth rate that exceeds the p/e multiple, and a tendency toward long-term secular growth. Portfolios are highly concentrated, with about 30 holdings.
Analysts or portfolio managers are stationed in New York.
The firm, a subsidiary of the Prudential Insurance Co. of America, is registered with the SEC.
Spiros Segalas is chief investment officer; Kerry Ann Shanley is client contact.
