Avantis Investors, a USD54 billion investment offering from the USD261 billion global asset manager American Century Investments, has announced that it has entered the European market with its ETF capabilities shortly after its five-year anniversary.
Avantis Investors writes that, seeking to build on the significant adoption their strategies have seen in other vehicles since launching in September 2019 in the United States, it has been focused on expanding its investment capabilities as well as its client base. The investment offering harnesses an approach designed to increase expected returns by combining the consistency of indexing with active management’s potential for outperformance, the firm says.
Eduardo Repetto, CIO of Avantis, says: “We have been asked for a long time now when we will have offerings available outside the United States, so this is a great day. Many investors have found value in our approach to building portfolios, and we are happy to bring our low-cost, well-diversified strategies to the European marketplace.”
Richard Adams, Head of EMEA for American Century Investments, says: “Avantis Investors offers core building blocks for an investor’s allocation. More and more, the clients and prospects we speak with are interested in Avantis, so we’re thrilled to have these available for clients to access.”
Avantis writes that its investment approach is designed to offer the benefits associated with indexing – such as transparency, broad diversification and low fees, but also seeks to emphasise investment in companies with more attractive valuations and profitability characteristics. All Avantis strategies use the same academically sound risk/return framework uniquely designed for Avantis, the firm says.
“We always look for innovative solutions to our clients’ needs, expanding our investment capabilities and who we serve – from financial advisors to institutional investors and individual investors – here and across the globe,” says Repetto. “Following our longstanding history of innovation and commitment to client success, our expansion into European markets underscores our dedication to expanding our suite of investment solutions to meet the evolving needs of global investors.”