Business Services Industry
Funds Distributor Adds Calamos Asset Management and Lee Munder Capital Group to Client Roster
Business Wire, Dec 1, 2000
Business Editors
BOSTON--(BUSINESS WIRE)--Dec. 1, 2000
Funds Distributor Inc. (FDI) announced its relationship with two new clients, Calamos Asset Management and Lee Munder Capital Group. The Calamos Asset Management agreement will take advantage of FDI's marketing communications and sales consulting services. The Lee Munder Capital Group relationship will also look to FDI's marketing communications capabilities as well as serving as the fund underwriter and fund administrator.
Betsy Connolly, FDI president and chief executive officer, said, "We are pleased to be associated with these two dynamic organizations to help them achieve their long-term business goals through their investment products."
Calamos Asset Management
Calamos Asset Management is one of the most respected names in convertible security investing, due in large part to its total return approach and impressive long-term performance record. Specializing in convertible research and money management since 1977, Calamos offers separate account management services primarily for institutions, pension funds, endowments and foundations as well as for individuals worldwide. In addition to sophisticated convertible strategies designed to temper short-term volatility and enhance returns for its clients, Calamos also offers aggressive growth, hedging, and high yield programs. Their research and portfolio management professionals utilize the same proprietary models that support security evaluation and portfolio design for its institutional clients for the firm's family of mutual funds. Calamos currently has over $6 billion in assets under management."
Lee Munder Capital Group
Lee Munder Capital Group (LMCG), a holding company, is currently comprised of a number of organizations that specialize in venture capital, hedging strategies, separate account management and mutual funds. Lee Munder Investments Ltd. (LMI), the investment adviser entity within LMCG, is staffed with seasoned analysts and portfolio managers focused on serving the investment needs of the firm's individual and institutional clients. LMI concentrates on finding high-growth opportunities by focusing on stocks of the most competitive companies within their respective industries.
Funds Distributor Inc.
Founded in 1976, FDI provides a full range of integrated sales, marketing, legal and financing services. The firm has strategically guided institutional asset managers, banks, mutual fund companies and insurance companies to new levels of asset growth and visibility in the marketplace. Funds Distributor Inc. is a NASD registered broker-dealer and an indirect, wholly owned subsidiary of Boston Institutional Group, Inc.
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