MutualFundWire.com: SGI Taps Two Institutional Sales Vets for Biz Dev Roles
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Wednesday, June 18, 2008
SGI Taps Two Institutional Sales Vets for Biz Dev Roles
Security Global Investors, the asset management arm of Security Benefit Corporation, has hired two new sales pros. John Dodd and Sanjay Yodh have both joined the firm as managing directors of new business development.
Dodd will focus on sales efforts to consultants, not-for-profit organizations, family offices, public funds, and corporate pension plans. He was previously did institutional sales for U.S. Trust Asset Management, Friess Associates, and The Boston Company.
Yodh will be tasked with increasing the distribution of SGI's global alternative investment products. He has institutional sales experience with both J.P. Morgan and Deutsche Asset Management.
In the past few months, SGI has been concentrating on building out its portfolio and sales teams. Last November the company hired a nine-person growth equity portfolio management team from Nationwide. In September of the same year, the company hired Marc Zeitoun from UBS to head up of product development and platform distribution.
Also adding to SGI's repertoire of investment products and capabilities was its purchase of Rydex in June of 2007.
Company Press Release
Security Global Investors Hires Two Seasoned Business Development Professionals
TOPEKA, Kansas and NEW YORK, June 17 /PRNewswire/ -- Security Global Investors (SGI) announced today that it has hired John Dodd and Sanjay Yodh as Managing Directors of New Business Development. It is the latest in a series of moves that reinforces the firm's commitment and focus on the institutional marketplace. The additions of Dodd and Yodh follow the recently completed acquisition and integration of two new investment teams focusing on global equity and growth equity adding to SGI's well-established value equity and fixed income teams.
Dodd will be responsible for continuing to build SGI's institutional new business development efforts with a focus on consultants, not-for-profit organizations, family offices, public funds, and corporate pension plans. He brings more than 20 years of successful institutional sales experience to SGI from firms such as U.S. Trust Asset Management, Friess Associates, and The Boston Company.
"SGI offers an impressive array of traditional and alternative products with seasoned and strong portfolio teams. I am excited to help establish SGI as a recognized leader in the institutional marketplace," Dodd said.
Yodh will concentrate on the distribution of SGI's global alternative investment products. "There is a tremendous opportunity to grow SGI's alternatives capabilities to institutional investors globally," noted Yodh. He has more than a decade of institutional sales experience with J.P. Morgan and Deutsche Asset Management. Yodh will expand SGI's presence globally, with a focus on Europe, Asia, and Australia.
"Both John and Sanjay have a wealth of experience in institutional sales and a record of success that will provide Security Global Investors the ability to bring our unique product offerings to clients that can benefit from our investment expertise," added Richard Goldman, president of Security Global Investors.
About Security Global Investors
Security Global Investors (SGI) is the asset management arm of Security Benefit Corporation. It consists of Security Investors, LLC for domestic investing and Security Global Investors, LLC for global investing. Both are collectively referred to as SGI. The firm manages more than $9 billion in assets (as of 3.31.08) on behalf of retirement programs, insurance companies, mutual funds, individual qualified and non-qualified plans, and institutional investors. Security Global Investors, founded in 1962, has 70 employees (including 32 investment professionals) with investment teams in Topeka, KS; Irvington, NY; and San Francisco. Investment strategies include global long-only and global long-short portfolios, U.S. value equity, high-yield, and specialty fixed income in separate accounts, mutual funds, unregistered funds, and insurance trusts.
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