Delaware International
Advisers Ltd.
Veritas House, 3rd Floor, 125 Finsbury Pavement, London, England EC2A 1NO; phone: (44-71) 638-2493; fax: (44-71) 638-2099
(U.S. $ millions)
Total discretionary assets1,838
Non-U.S. pension assets209
U.S. discretionary tax-exempt assets managed:
Total international/global1,190
International1,135
Active equity accounts1,090
Active bond accounts45
Global55
Active equity accounts25
Active bond accounts30
Delaware International Advisers Ltd. had $1.135 billion in international accounts and $55 million in global accounts as of March 31.
The firm's asset mix for international accounts was 96% equity and 4% bonds as of March 31; equity assets were committed most heavily to the United Kingdom, Japan, Australia, the Netherlands and Belgium.
As of the same date, its global account asset mix was 46% equity and 54% bonds; equity assets were committed most heavily to the United States, the United Kingdom, Australia, Canada and Germany.
The firm, a value-oriented defensive manager, invests where its inflation-adjusted discounted income stream analysis identifies value.
Analysts or portfolio managers are stationed in London and Philadelphia.
The firm, a subsidiary of Delaware Management Holdings Inc., has been registered with the SEC since 1990.
David G. Tilles is chief investment officer; John C.E. Campbell is client contact.
1299 Ocean Ave., 11th Floor, Santa Monica, Calif. 90401; phone: (310) 395-8005; fax: (310) 395-6140
(U.S. $ millions)
Total discretionary assets9,306
Non-U.S. pension assets24
U.S. discretionary tax-exempt assets managed:
Total international/global1,468
International1,399
Indexed equity accounts1,263
Emerging markets136
Global69
Active bond accounts69
Dimensional Fund Advisors Inc. had $1.399 billion in international accounts and $69 million in global accounts as of March 31.
The firm's asset mix for international accounts was 100% equity as of March 31; equity assets were committed most heavily to Japan, the United Kingdom, France, Germany and Italy.
As of the same date, its global account asset mix was 100% bonds.
Analysts or portfolio managers are stationed in Santa Monica, London and Hong Kong.
The firm has been registered with the SEC since 1981.
Rex A. Sinquefield is chief investment officer; David G. Booth is client contact.
DSI International
Management
177 Broad St., Stamford, Conn. 06901; phone: (203) 351-1111; fax: (203) 351-1102
(U.S. $ millions)
Total discretionary assets1,465
U.S. discretionary tax-exempt assets managed:
Total international/global1,105
International765
Active equity accounts765
Global340
Active equity accounts340
Minimum separate account50
DSI International Management had $765 million in international accounts and $340 million in global accounts as of March 31.
The firm's asset mix for international accounts was 100% equity as of March 31; equity assets were committed most heavily to Japan, the United Kingdom, Germany, France and Hong Kong.
As of the same date, its global account asset mix was 100% equity; equity assets were committed most heavily to Japan, Germany, France, the United Kingdom and Switzerland.
The firm's investment strategy is long-term outperformance through disciplined stock selection. The firm is purely quantitative and creates broadly diversified, fully invested portfolios with relative strong growth and valuation characteristics.
Analysts or portfolio managers are stationed in Stamford.
The firm is registered with the SEC.
John Holmgren is chief investment officer; David J. Holmgren is client contact.
