MainStay Investments

MainStay Investments
Private
Industry Investment Management
Founded Jersey City, New Jersey (1986)
Headquarters Jersey City, New Jersey, United States
Products Asset Management
Revenue $81.157 million USD (09/30/2016)[1]
Website www.mainstayinvestments.com

MainStay Investments is a U.S. investment management company based in Jersey City, New Jersey.[2] Founded in 1986, MainStay Investment's parent company is New York Life Insurance Company, the largest mutual life-insurance company in the United States, and one of the largest life insurers in the world, ranking #61 on the 2016 Fortune 500 list.[3]

MainStay Investments offers investors access to institutional money management through its mutual funds, separately managed accounts, and non-traditional strategies. MainStay has over $101 billion USD in assets under management.[1]

History

Founded in 1986, MainStay Investments provides investment advisory services to financial advisors and their clients. An independent subsidiary of New York Life Insurance Company, over the years MainStay has added to its boutique of investment advisors. This includes MacKay Shields (acquired by New York Life in 1984),[4] Markston International, LLC (1999),[5] New York Life Fixed Income Advisors (2004),[5] Winslow Capital Management (2005),[5] Institutional Management (ICAP) (2006),[6] Epoch Investment Partners (2006),[7] MacKay Municipal Managers (2009), Cornerstone Capital Management (2013),[8] Cushing Asset Management (2014),[9] and IndexIQ (2015).[10]

References

External links

This article is issued from Wikipedia - version of the 10/25/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.