FIS In the News
Emerging Manager Monthly’s recent article, FIS Expands Into Direct Management With Piedmont Acquisition – covers the recent acquisition of Piedmont Investment Advisors, LLC, an institutional investment firm.
“Emerging manager-of-managers FIS Group is moving into direct management with the acquisition of Piedmont Investment Advisors, creating a minority-owned firm with more than $10 billion in assets under management with an eye toward further growth.
FIS Group currently manages $5.6 billion and specializes in non-U.S. equity, emerging markets and frontier markets manager-of-managers strategies and Piedmont manages $4.7 billion, specializing in active, passive and structured beta equity strategies and core fixed-income.”
Click here to read the full article.