Merrill
Lynch Investment Managers Company Information
About
The Merrill Lynch Investment Managers Company
Merrill Lynch Investment Managers (MLIM) is one of the world's largest
investment management organisations with US$500 billion of assets
under management as at 31 December 2003.
MLIM,
and the companies from which they have developed, has over 50 years'
experience in helping clients to achieve their financial goals.
They provide a broad spectrum of innovative products for institutional,
mutual fund and private investors, including active, passive, quantitative,
hedge funds and private equity funds.
Merrill Lynch Investment Managers clients include:
- 22
central banks and government institutions*
- 27
of the top 50 Japanese corporations*
- 57
of the top 100 UK corporations*
- 137
of the largest 500 companies in the FTSE All share*
- 139
of the 500 largest corporations in the MSCI World*
MLIM's global reach extends to nearly 3,000 employees* in 31 offices
in 18 countries, and as the investment management division of Merrill
Lynch, they can access an unsurpassed range of world-class products,
market insight, services and technology resources for the benefit
of their clients.
*As
at 31 December 2002
Merrill Lynch Investment Managers History
In the US, Merrill Lynch first started offering mutual funds in
1976, and by the end of 1995, had US$200 billion under management.
In Europe, their history began in 1967, when SG Warburg & Co.,
the investment bank, won its first major pension fund client. This
quickly led to further wins, and in 1969, an independent asset management
arm, Warburg Investment Management, was established. In 1987, 25%
of the investment management division was floated on the London
Stock Exchange, under the name Mercury Asset Management. In 1995,
Mercury Asset Management achieved full independence when Warburgs
sold its remaining holding following its merger with Swiss Bank
Corporation.
In
November 1997, an offer was made by Merrill Lynch & Co., Inc.
to acquire the shares of Mercury Asset Management. On 22 December
1997, the offer was declared unconditional, and Mercury became a
part of Merrill Lynch's asset management arm, joining with Princeton-based
Merrill Lynch Asset Management and Los Angeles-based Hotchkis and
Wiley.
In
October 1999, all three firms combined to create a global platform
with regional headquarters in Princeton, London and Tokyo. To unite
their people, products and investment process they adopted the new
global name - Merrill Lynch Investment Managers - on 30 June 2000.
33
King William Street
London
EC4R 9AS
United Kingdom
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