Scout Investments today announced that its assets under management surpassed $25 billion earlier this month, compared to $19.7 billion at the end of 2011.
The firm attributed its growth to a “combination of a robust inflow of new assets, positive financial markets and strong performance.”
During the past two years, Scout has broadened marketing and sales efforts into the institutional and sub-advisory marketplace, according to the firm. “Institutional investor relationships have been a positive contributor to AUM growth,” stated Andy Iseman, chief executive officer of Scout Investments.
Iseman wasn’t immediately available to further comment on the firm’s growth.