Who owns nicholas applegate

Miller, 54, and Victor J. The three were part of an eight-member team. The hiring is one of a number of changes that have taken place at Nicholas-Applegate, which hit a bump in the road after a successful bull market ride. Performance, too, has been a mixed bag. Although its momentum-oriented approach has worked smashingly in the international arena, most of its domestic mutual funds have lagged their peers, says Christine Benz, an analyst for Morningstar Inc. The average return for its peers during the same periods was The firm has also undergone an internal shakeup.

Three of its partners left during the past year, including its former chief financial officer, Thomas Pindelski, who joined First Union Corp. Nicholas-Applegate, a limited partnership, is mainly an institutional shop. Like other well-known growth managers, Nicholas-Applegate has sought to round out its offerings to satisfy investors who crave one-stop shopping and tide it over during periods when growth investing falls out of favor.

Indeed, company officials say sales have picked up lately, led by new offerings, including its top-performing, large-cap value fund run out of San Diego. Keeley, Mr. Miller and Mr. Raskin now manage institutional money but will also run a retail large-cap value fund slated to be launched this year.

Their Smith Barney large-cap value approach gained What you see here scratches the surface. This information is available in the PitchBook Platform. All rights reserved. PitchBook is a financial technology company that provides data on the capital markets. Log in Request a free trial. Request a free trial Log in. Nicholas-Applegate Overview Update this profile. Founded Financing Rounds 1. Ownership Status. Financing Status.

Corporate Backed or Acquired.