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Follow on Google News | Thornburg Investment Management Partners with Vestmark to Improve Operational EfficiencyThornburg Investment Management announced today that the firm has selected Vestmark to increase trading and reconciliation efficiency within its overall Separately Managed Accounts (SMA) infrastructure.
By: Vestmark "At Thornburg, we needed a technology solution that could be flexible enough to support our sophisticated investment strategies while providing more control over the individual accounts," said Randy Dry, Managing Director at Thornburg. "We were attracted to Vestmark's platform for its advanced trading tools, its intuitive interface and its ability to help support our growth." Vestmark's state-of-the- About Thornburg Headquartered in Santa Fe, NM, Thornburg Investment Management, Inc., which was established in 1982, manages nine fixed income and seven equity funds, and separate accounts for high net worth and institutional investors, totaling approximately $58 billion in assets under management as of March 31, 2010. All Thornburg Funds offer strategies for building real wealth -- after taxes, inflation, and investment expenses -- emanating from TIM's risk managed investment style and long-term focus. Before investing, carefully consider the Fund's investment goals, risks, charges, and expenses. For a prospectus containing this and other information visit www.thornburg.com. Read it carefully before investing. For more information, visit www.thornburg.com. About Vestmark Vestmark provides the most comprehensive, real time technology platform for integrating portfolio management and back office functions to dramatically improve trading and operational efficiency for investment managers, RIAs, broker-dealers, bank trusts and other financial firms. Leveraging our simple to implement, easy to use solution, Vestmark's experienced team works closely with clients to implement tailored solutions incorporating best practices that enhance revenues, increase scalability and reduce compliance risk. For more information about the Vestmark Platform solutions, please call 781-224-3640, email inquiry@vestmark.com: 1. Issued by Prima Capital and Investment Advisor magazine, the Thornburg International ADR Strategy received the 2010 Separately Managed Account (SMA) Award for the International category. The award is based on a qualitative analysis of SMAs. Nominees are required to have a minimum of $250 million in assets under management, manager tenure of at least three years, wide availability through retail programs, and above average rank in at least four of the five SMA Evaluator categories -- Firm Quality, Resources, Level of Client Service, Tax Efficiency, and Performance. This award is not indicative of Thornburg Investment Management's future performance and is not representative of any one client's experience. End
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