OMAM Announces Plans to Rebrand as BrightSphere Investment Group plc; Stephen H. Belgrad Officially Assumes CEO Role
02 3월 2018 - 10:16PM
Business Wire
OMAM to become BrightSphere Investment Group
(BSIG)
OM Asset Management plc (NYSE: OMAM), a global, diversified
multi-boutique asset management company, today announced that it
will be changing its brand name to BrightSphere Investment Group
plc, effective March 26, 2018. In addition, Steve Belgrad, who was
named as the company’s next President and Chief Executive Officer
on February 1, officially assumes those roles today.
This press release features multimedia. View
the full release here:
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“BrightSphere and our new logo dynamically blend energy and
innovation with our commitment to a global, aligned multi-boutique
model,” said Mr. Belgrad. “Our logo represents the unique and
complementary attributes of our Affiliates which combine to create
a diversified richer whole. Following the completion of our
separation from Old Mutual plc in November, and our management
transition today, this new brand reflects our evolution to an
independent asset management company, focused on our Affiliates and
their clients, and global opportunities for investment and
growth.
“Working together with our high quality Affiliates as
BrightSphere Investment Group, we will continue to evolve and
enhance the ways we support Affiliate growth initiatives and invest
for the future, while diversifying our business through additional
investments in boutique asset management firms,” Mr. Belgrad
continued. “Our business is well positioned to execute on a range
of opportunities in the global investment marketplace, and I am
honored to lead our team at the Center as we work to create
long-term value for our shareholders.”
On March 26, as part of the rebranding process, the company’s
New York Stock Exchange ticker will change to BSIG from OMAM. In
addition, its CUSIP will become G1644T109. OMAM’s debt issues will
also assume new tickers: the 5.125% Notes Due 2031 will change to
BSA from OMAA and the 4.800% Notes due 2026 will change to BSIG 26
from OMAM 26.
Also on March 26, the BrightSphere Investment Group corporate
website will become www.bsig.com and the company’s email will shift
to @bsig.com.
About OMAM
OMAM is a global, multi-boutique asset management company with
approximately $243 billion of assets under management as of
December 31, 2017. Its diverse Affiliates offer leading, alpha
generating investment products to investors around the world.
OMAM’s partnership approach, which includes equity ownership at the
Affiliate level and a profit sharing relationship between OMAM and
its Affiliates, aligns the interests of the company and its
Affiliates to work collaboratively in accelerating their growth.
OMAM’s business model combines the investment talent,
entrepreneurialism, focus and creativity of leading asset
management boutiques with the resources and capabilities of a
larger firm. For more information about OMAM, please visit the
company’s website at www.omam.com.
OMAM-201821.2
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OMAMBrett Perryman, 617-369-7300ir@omam.com
OM ASSET MANAGEMENT PLC (NYSE:OMAM)
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