Conning to Make Strategic Investment in Global Evolution, an Emerging and Frontier Market Investment Manager
Conning Adds Best-in-Class Capabilities in Emerging Market Debt and Environmental, Social and Governance (ESG) Investing
Accelerates Global Evolution’s Expansion into North America and Asia Pacific
Hartford, Connecticut and Kolding, Denmark – 21 December 2017 – Conning, a leading global investment management firm, and Global Evolution, a premier specialist investment manager of emerging and frontier market debt strategies, today announced the signing of a definitive agreement for Conning to acquire a 45 percent stake in Global Evolution. The transaction is expected to close in early 2018, subject to customary regulatory approvals and closing conditions.
“We are very pleased to welcome Conning as a new shareholder in Global Evolution. This is a significant milestone in our firm’s development – one that recognizes the strength of our business and emphasizes our reputation as a leader in emerging and frontier markets,” said Søren Rump, Chief Executive Officer of Global Evo
Conning Receives 2018 Best in Class 401(k) Plan Award
2018 Best in Class 401(k) Plan Award - An annual award program designated for plan sponsors whose employee retirement plans (managed by a third party) meet the highest standard of excellence as deemed by our PLANSPONSOR's research and editorial teams. Winners are selected from thousands of plans that respond to PLANSPONSOR’s Defined Contribution (DC) Survey.