PHILADELPHIA--(BUSINESS WIRE)--Shawn Lytle, the new president of Delaware Investments, officially began his role today. Upon his start, Delaware Investments embarks on the next phase of its growth as Philadelphia, the firm’s current headquarters, becomes the global headquarters for Macquarie Investment Management (MIM), Macquarie’s investment management arm.
“We are thrilled for Shawn to step into this role and we’re looking forward to his contribution as we move toward our vision of creating a global asset management organization,” said Ben Bruck, chairman of Delaware Investments and global head of MIM. “He is well equipped to uphold Delaware’s distinct core values and continue to evolve its multiboutique structure, while embracing the potential for growth both in the U.S. and internationally.”
The firm announced Lytle's appointment on March 16, 2015. He joins from UBS Global Asset Management where he worked for 13 years, most recently heading its business in the Americas for the past five years. Before UBS, he worked at JP Morgan Asset Management for 10 years in a variety of roles, including as a global equity client portfolio manager.
“Delaware Investments has a history of attracting top investment talent and is committed to delivering consistent, long-term performance, as well as strength in client service,” said Lytle. “I’m confident that we’ll continue to deliver investment excellence while expanding upon the firm’s success.”
About Delaware Investments
Delaware Investments, a member of Macquarie Group, is a global asset management firm that offers a wide variety of equity and fixed income solutions for individual and institutional investors. Through teams of disciplined and talented investment professionals, the firm is committed to delivering long-term, consistent performance. In an ever-changing global marketplace, Delaware Investments, with more than US$180 billion in assets under management as of March 31, 2015, has helped its clients move steadily forward for more than 85 years. Delaware Investments is supported by the resources of Macquarie Group (ASX: MQG; ADR: MQBKY), a global provider of asset management, investment, banking, financial and advisory services with US$370.1 billion in assets under management as of March 31, 2015.
Delaware Investments refers to Delaware Management Holdings, Inc. and its subsidiaries. Macquarie Group refers to Macquarie Group Limited and its subsidiaries and affiliates worldwide.
Delaware Investments is not an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia) and the firm’s obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of Delaware Investments.