SEAMARK Asset Management Ltd. today announced that it will work with Greg Reid Associates, Inc. (GRA) to offer large-cap U.S. equity management in the United States.
Through an agreement signed this week, GRA will assist SEAMARK on an exclusive basis in marketing this service to U.S.-based institutional clients and investment consultants.
In conjunction with this agreement, SEAMARK is initiating an application with the Securities and Exchange Commission for registration under the Investment Advisers Act of 1940. SEAMARK expects to begin offering its services in the U.S. shortly, pending approval from the SEC and applicable state regulators.
GRA has been in the institutional marketplace in the U.S. since 1988. GRA selects a limited number of investment advisory firms to introduce to the U.S. institutional investment community.
“SEAMARK is extremely pleased to have been identified by GRA for the exceptional productivity of our U.S. equity investment process, as measured both by the quality and the consistency of our long-term returns,” said Robert. McKim, president and CEO of SEAMARK.”
“At SEAMARK, a depth of people and a solid investment process have generated very good long-term performance, which should open many doors in the U.S,” remarked. “We are excited to have the opportunity to raise money in the U.S. for SEAMARK,” said Greg Reid, founder and president of GRA.
SEAMARK to offer investment services in U.S.
Signs marketing agreement to target institutional clients
- By: IE Staff
- January 14, 2004 October 31, 2019
- 16:03