French asset management group Comgest is growing its presence in the US with the SEC registration of its Boston and Dublin-based businesses.
Registration with the SEC allows the company to offer portfolio management services to US clients, as well as the private funds Comgest offers.
In addition, Comgest has appointed James DuPont and Kevin Robertson to work as senior investor relations professionals in the Boston office.
They will concentrate on working with Comgest’s institutional investor base in the country. DuPont and Robertson join US equities analyst Peter Shapiro, who transferred from the firm’s Paris office in 2015.
Commenting on the expansion, Arnaud Cosserat, CEO and CIO of Comgest, said: ‘The strengthening of our US entity marks an important milestone in Comgest’s commitment to our growing American investor base and our ability to provide local servicing.’
‘The US market has many like-minded, long term investors that value a sustainable equity investment approach such as that of Comgest. Our clients appreciate the strength of our track record across global and regional equity markets and, importantly, the discipline with which we apply our quality growth approach.’
Comgest has over $23 billion (€20.7 billion) in assets under management globally. Its products cover global and emerging markets along with Asia, China, India, Japan, Latin America, Europe and the US.