Acadian Asset Management LLC, known as Acadian Asset Management until 31 December 2007, is a company in the financial services

Financial services

Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...

 industry. It is a global equity manager; its clients include institutions such as public and private pension plans, governments, foundations and private individuals. It also sub-advises several mutual fund

Mutual fund

A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities.- Overview :...

s.

Ownership and operations

Acadian Asset Management LLC is a wholly owned subsidiary of Old Mutual

Old Mutual

Old Mutual plc is an international long-term savings group. Established in 1845 in South Africa, it is now a FTSE100 listed company operating in 33 countries.-History:...

, a London-based financial services company.
Acadian's corporate headquarters are located in Boston, Massachusetts, with U.S. operations located there. Acadian also has operations in Singapore

Singapore

Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...

, London

London

London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

, and a joint venture in Australia

Australia

Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

.

Company history

Acadian Financial Research, the firm's predecessor was founded in 1977. Starting in 1978, Acadian designed, developed and implemented an international index-matching strategy and later an active country selection strategy for the State Street Bank and Trust Company. In 1987, Acadian ended its relationship with State Street and its successor company, Acadian Asset Management began to manage institutional assets directly. Over the last two decades, the firm has served many of the world's largest and most sophisticated investors. In 1992, Acadian became an affiliate of Boston-based United Asset Management (UAM). UAM was acquired in October 2000 by London-based Old Mutual PLC, a publicly traded international financial services group. In 1999, Acadian established Acadian Asset Management Singapore Pte Ltd to better manage portfolios and serve clients, especially in the Asia-Pacific region. Acadian opened their London office in 2007.

Reference

Company Website: http://www.acadian-asset.com/CompanyBackground.aspx