F-Squared Investments this week announced that its assets under management topped $10 billion as of January 4, up from approximately $5.6 billion in the previous year.
In an interview with Money Management Executive, Howard Present, president and chief executive officer of F-Squared Investments, said the firm's growth in 2012 came primarily from its Advisor Solutions and Alternatives business units. The firm's liquid alternative offerings, which include a sub-advised 40 Act mutual fund, separately managed accounts and institutional investment vehicles, grew by more than $400 million in assets.
"Last year, we attracted more than $4 billion in net new flows and we've increased the employee base from 27 to 44," he said.
"We’ve penetrated into the liquid alternatives market, defined contribution market and continue to make progress in the SMA market. We're in active discussions with subadvisory opportunities abroad in Canada and Europe. We are likely to be launching a fixed income collective trust solution this year as well.”
The firm is also looking to increase its headcount by adding more investment and sales professionals during 2013.