Effective November 15, 2024, American Beacon will serve as the investment advisor and Ninety One will serve as sub-advisor to the newly adopted mutual funds: American Beacon Ninety One Global Franchise Fund and American Beacon Ninety One International Franchise Fund (“the Funds”). Greg Stumm, president and CEO of Resolute Investment Managers and American Beacon, said: “We are continually seeking to add high-quality asset management partners to the American Beacon and Resolute platforms. American Beacon Advisors manages the American Beacon Funds, a series of competitively priced mutual funds and exchange-traded funds. As of September 30, 2024, American Beacon Advisors had $60.3 billion in assets under management. The American Beacon Funds are distributed by Resolute Investment Distributors, Inc.American Beacon is a registered service mark of American Beacon Advisors, Inc. American Beacon Funds, American Beacon Ninety One Global Franchise Fund and American Beacon Ninety One International Franchise Fund are service marks of American Beacon Advisors, Inc.91-FUNDS-PRESS-2024 | 11/24
Source: The North Africa Journal November 18, 2024 20:01 UTC