Wednesday, December 11, 2024
News
NEWS HOME
»
PRN INDIA
iM Global Partner announces strategic investment in Berkshire Asset Management
  SocialTwist Tell-a-Friend  
   

PARIS, Dec. 19, 2022 /PRNewswire/ -- iM Global Partner, a leading global asset management network, today announced  the acquisition of a strategic, non-controlling stake in Berkshire Asset Management ("Berkshire"), which becomes iM Global Partner's 9th Partner. Through this strategic partnership, Berkshire joins iM Global Partner's extensive global asset management family and distribution network.

iM Global Partner Logo

Located in Wilkes-Barre, Pennsylvania, Berkshire is an independent investment advisor specialized in dividend-focused US equity portfolios through its flagship Dividend Growth strategy. The company was formed in 1986* and is employee owned. The team prides itself on its exacting investment philosophy and process and focuses on identifying perennial dividend growers before they are fully recognized by the market, using a forward-looking, bottom-up selection process.

Berkshire has a client-centric approach and offers high-quality client service and it managed US$3.96 billion in assets under advisement as at end October 2022.

Managing Partner and Chief Investment Officer of Berkshire, Kenneth J. Krogulski, said:

 "We are extremely excited to be part of iM Global Partner's world class network of leading asset and wealth management firms. The partnership with iM Global Partner brings a wealth of expertise to existing and future Berkshire clients. It solidifies and increases the longevity, consistency and structure of the Berkshire team, and enhances what we can achieve for our clients. Their investment is an incredible vote of confidence in our team, our investment process and importantly our future."    

Philippe Couvrecelle, CEO and Founder of iM Global Partner  commented:

"We are delighted to welcome the Berkshire Asset Management team into the iM Global Partner fold. They have a unique identity, like many of our other Partners, and their concentrated, long-term value-oriented approach perfectly fits the iM Global Partner ethos. Our success in attracting new Partners is down to both our aligned mindsets and our support for entrepreneurialism. These characteristics and our minority position ensure that each of our Partners retain their autonomy and independence, and this enables us to fuel each other's growth."

Jeff Seeley, Deputy CEO – CEO iM Global Partner Fund Management added:

"Berkshire Asset Management has an exceptional reputation with clients and financial advisors nationwide in the US and we look forward to partnering with them to introduce their strategies moving forward. Their focus to conservatively grow capital for clients, while striving to offer a safe and growing income stream, provides the opportunity for investors to diversify – and indeed complement – other parts of their asset allocation."

Media contact: media@imgp.com

Logo - https://mma.prnewswire.com/media/1957526/iM_Global_Partner_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/im-global-partner-announces-strategic-investment-in-berkshire-asset-management-301705409.html

More News by PR Newswire India

/DISREGARD RELEASE: Bybit/

Kushal's Fashion Jewellery Festive Collection, adorned by Tara Sutaria, beautifully combines glamour and elegance

Unilumin Group Signed an Agreement with Saudi Arabia in the Third Belt and Road Forum for International Cooperation

Transport Corporation of India Ltd. (TCI Group) has been recognized as a Maritime Excellence Achiever at GMIS 2023 by The Ministry of Ports, Shipping & Waterways on 19th October 2023

Bitget Introduces 'Futures Quant' With AI Features

Bitget's Q3 Growth: Second-Highest Market Share Surge and Record High for BGB Holders

HarperCollins Publishers India is proud to announce the publication of SPREADING JOY: How Joyalukkas Became the World's Favourite Jeweller by Joy Alukkas with Thomas Scaria and Nidhi Jain

Go Global or Go Home: New Report Reveals Companies Lacking Global Presence Will Lose Growth Opportunities

MOVIN rolls out the second phase of Electric Vehicles in Bengaluru paving the way for greener deliveries in logistics

Motilal Oswal Financial Services Ltd. (MOFSL) launches #CorporateMushaira, an audio-first campaign for the World Investor Week

UBBF 2023 Intelligent IP Network Summit in Dubai an Impressive Success

Placing Them Right: IBS Path to MBA Career Success

HDFC ERGO reiterates its commitment on making health insurance Accessible, Affordable and Convenient with launch of 6 new products and 2 service upgrades

capSpire expands its global footprint with entry into the Singapore market

GTPL Hathway records its highest quarterly revenues from operation

CCTV+: International reporters experience the romance and vitality of Hangzhou, China

STL expands its Enterprise Networking solution portfolio with Estelan

Mantittude: Skincare for Men encourages men to unleash their inner 'Pataka' this Diwali

The 134th Canton Fair Opened with Optimized Structure and Upgraded Scale

MADAME TUSSAUDS SINGAPORE UNVEILS LIFELIKE FIGURE OF CRICKET ICON VIRAT KOHLI AMIDST ICC MEN'S CRICKET WORLD CUP!

Ugreen unveils power solutions and personal data storage at the Gitex Trade Show in United Arab Emirates.

Meridean Overseas Education Consultants Announces Half-Day Leave to Celebrate India vs. Pakistan Cricket Match

Xinhua Silk Road: Huai'an, UNESCO creative city of gastronomy, explores innovative dev. of food industry via premier regional food expo

Xinhua Silk Road: Fengxin County in E. China's Jiangxi celebrates bountiful harvest of kiwifruit

Casio to Release G-SHOCK Watches with Shining Metallic-Colored Dials

UEG Week 2023 : Babies with a low birthweight four times more likely to develop fatty liver disease in later life

CGTN: Diffusion of tea and its culture along the Silk Road

NEOM announces Leyja, its latest sustainable tourism destination

Expand North Star 2023 kicks off in Dubai gathering game-changing start-ups to accelerate on global stage

World Health Summit kicks off in Berlin

Hexaware Technologies announces new office in Dehradun to bolster its global delivery network

Chinese automotive industry has overtaken to supercars

Participants of the Made in Russia business mission to India held more than 150 negotiations with local importers and distributors

Rummy Passion Raises the Bar: Instant Withdrawals Now Available for All Tiers

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Union Minister Kiren Rijiju slams Congre...
RAU's IAS Study Circle Case: Delhi HC is...
NDA party is 'National Disaster Alliance...
Opposition MPs not letting me speak: BJP...
Atul Subhash case: 'He died by suicide a...
Assam: 50-year old woman entrepreneur re...
More...    
 
 Top Stories
NAMASTE scheme provides dignity to ... 
"Want justice for my brother": Beng... 
"BJP trying to defeat AAP by cuttin... 
Giriraj Singh, Milind Deora critici... 
Anne Hathaway reflects on third col... 
"Whatever Iran needs is available i... 
Rajasthan signs MoU worth Rs 35 lak... 
Writer Relocations Alerts Customers...