The RidgeWorth business operates as an investment advisor and holding company with ownership in other institutional asset management boutiques offering an array of equity and fixed income capabilities.
Riviera Partners Revolutionaryy search firm combining the best assets of large, boutique and solo providers to deliver search work for venture-backed technology companies.
Citigroup made a similar deal with Legg Mason.In response, a host of different models is emerging, from tiny specialists with a few hundred million dollars of assets to retail giants such as Fidelity or hybrids such as the Bank of New York Mellon, which has more than $1 trillion of assets spread among a collection of boutique managers.
As the tower rises, the floors diminish, from a rambling 20,000 sq ft at the lower levels to boutique 6,000 sq ft penthouses, aimed at the cream of asset management firms.
| DealBook » With Smartphone Deals, Patents Become a New Asset Class | Amid rapid changes in technology, several boutique law firms have emerged that are like investment banks in valuing and selling patents as well as giving strategic advice, reports Steve Lohr.
Perhaps more tellingly, given the high-finance occasion, Ferguson is on the board of the boutique investment firm AMG, which "currently manages approximately $642bn in assets".
William Danoff's $71 billion (assets) Contrafund is housed in Fidelity's Capital Appreciation boutique.
It also owns 60% of Juventus, perhaps Italy's best-known football club, and 9.8% of Banca Leonardo, a boutique investment bank.Lessons in leadershipOver the past two years IFIL's net asset value has outperformed the stockmarket.
Woodford presided over £30bn in investors' cash while at Invesco Perpetual before starting his own boutique investment house, Woodford Funds, which has swiftly built up £8bn in assets since launching in June.
Affiliated Managers Group, Inc. is an asset management company with equity investments in a diverse group of growing, boutique investment management firms.
