American Century Investments
Encyclopedia
Investment management
Investment management is the professional management of various securities and assets in order to meet specified investment goals for the benefit of the investors...
firm that has focused on delivering superior investment performance and building client relationships for more than 50 years. Its headquarters are located at 4500 Main in Kansas City, Missouri
Kansas City, Missouri
Kansas City, Missouri is the largest city in the U.S. state of Missouri and is the anchor city of the Kansas City Metropolitan Area, the second largest metropolitan area in Missouri. It encompasses in parts of Jackson, Clay, Cass, and Platte counties...
, near the famous Country Club Plaza
Country Club Plaza
The Country Club Plaza is an upscale shopping district and residential neighborhood in Kansas City, Missouri, USA. It was the first shopping center in the world designed to accommodate shoppers arriving by automobile...
. The company was founded by James E. "Jim" Stowers, Jr.
James E. Stowers
James E. Stowers, Jr. , also known as Jim Stowers, is the founder of American Century Investments and the Stowers Institute for Medical Research.-Biography:...
in 1958 as "Twentieth Century Mutual Funds". Its 1,300 employees serve clients from offices in New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
, 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...
, Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
, Mountain View, California
Mountain View, California
-Downtown:Mountain View has a pedestrian-friendly downtown centered on Castro Street. The downtown area consists of the seven blocks of Castro Street from the Downtown Mountain View Station transit center in the north to the intersection with El Camino Real in the south...
and Kansas City, Missouri
Kansas City, Missouri
Kansas City, Missouri is the largest city in the U.S. state of Missouri and is the anchor city of the Kansas City Metropolitan Area, the second largest metropolitan area in Missouri. It encompasses in parts of Jackson, Clay, Cass, and Platte counties...
. Serving investment professionals, institutions, corporations and individual investors, American Century Investments offers a variety of actively managed investment disciplines through an array of products including mutual funds, institutional separate accounts, commingled trusts, and sub-advisory accounts. In 2009, American Century Investments was named Lipper
Lipper
Lipper, Inc., a subsidiary of Thomson Reuters, provides mutual and hedge fund data, analytical tools, and commentary. Lipper covers over 213,000 share classes and more than 117,000 funds located in over 60 domiciles.-Corporate history:...
's Best Large Mutual Fund Company in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
.
Inspired by their personal battles with cancer, Stowers and his wife, Virginia, long-time Kansas City residents, founded the Stowers Institute for Medical Research in 1994. The Stowers dedicated their personal fortune to endow the Institute with gifts totaling $2 billion. Today the 600000 square feet (55,741.8 m²) biomedical research facility is situated on a 10 acres (40,468.6 m²) campus in the heart of Kansas City, near the headquarters of American Century Investments. More than 40% of ACI's profits support research to find cures for such genetically-based diseases as cancer
Cancer
Cancer , known medically as a malignant neoplasm, is a large group of different diseases, all involving unregulated cell growth. In cancer, cells divide and grow uncontrollably, forming malignant tumors, and invade nearby parts of the body. The cancer may also spread to more distant parts of the...
, diabetes, and dementia
Dementia
Dementia is a serious loss of cognitive ability in a previously unimpaired person, beyond what might be expected from normal aging...
.
In 2011, JP Morgan Chase sold their 41% stake in ACI to Toronto
Toronto
Toronto is the provincial capital of Ontario and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. A relatively modern city, Toronto's history dates back to the late-18th century, when its land was first purchased by the British monarchy from...
based bank CIBC.
Around 40% of American Century Investments profits support research programs to help cure genetically-based diseases like cancer, diabetes or dementia.
Accolades
- Lipper Fund Awards 2009 - Best Large Mutual Fund Company
- Mutual Funds Against Cancer - 2010 Company for a Cure Award
- Mutual Funds Against Cancer - 2010 Lifetime Achievement Award to James Stowers Jr.
- Standard & Poor's Mutual Fund Excellence Awards - 2010 (Gold) American Century Government Bond
- Standard & Poor's Mutual Fund Excellence Awards - 2010 (Silver) American Century Global Growth
- Mutual Fund Wire 2010 - CEO Jonathan Thomas among top 100 most influential executives in fund industry