SANTA MONICA, Calif., Aug. 26, 2020 (GLOBE NEWSWIRE) -- Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today announced that former New York Life/Mainstay Investments senior executive Annmarie Woods has joined the firm’s intermediary distribution division as a Regional Vice President. In her role, Woods will be responsible for Independent Broker Dealer and Registered Investment Advisor sales in the New Jersey and the New York Metro area.
The addition of Ms. Woods to Guggenheim Investments reflects aggressive asset growth of the firm’s actively managed mutual funds and products that provide institutional-style solutions to financial advisors and investors. Ms. Woods will join the team led by Chris Parisi, Senior Managing Director, who was appointed Head of Intermediary Distribution last month.
“We are delighted to welcome Annmarie to our team,” said Mr. Parisi. “A seasoned industry executive with a long track record of success, Annmarie’s hire is a testament to the growing demand for Guggenheim’s unique offerings that stem from our behavioral investment process. We are confident that she will play an instrumental role in helping us expand our intermediary offerings and deliver value to clients.”
Prior to joining Guggenheim Investments, Ms. Woods was a Senior Wholesaler at New York Life/Mainstay Investments, where she was responsible for separately managed accounts, mutual funds, ETFs, and hedge funds since 2005. During her 15-year tenure at New York Life/Mainstay Investments, she received awards for top producer and wholesaler of the year, was featured in firmwide programs for women in finance and investing and was a keynote speaker at top advisor symposiums. Prior to that, she held Sales, Retirement, and Advisory roles at both Pioneer Investments and Prudential Investments, where she began her career in 1988.
“I am thrilled to begin my next chapter with the intermediary team at Guggenheim Investments,” said Ms. Woods. “From a competitive standpoint, I have long admired the innovative approach using principles of behavioral finance developed by Global Chief Investment Officer Scott Minerd. I believe this highly differentiated investment process continues to drive Guggenheim Investments’ success. I look forward to joining Chris and the Guggenheim team and to providing our growing client base with the tools and services they need to enhance their investments.”
As of July 31, 2020, the Guggenheim Investments Total Return Bond Fund (GIBIX) has raised $3.6 billion in net inflows since March 1, 2020, compared to the Morningstar Core Plus Category, which saw net outflows of $8.8 billion over the same time frame.
With assets over $20 billion as of July 31, 2020, the Guggenheim Total Return Bond Fund has led its peers since its Nov. 30, 2011, inception with a 1st percentile ranking based on total return out of 359 funds in the Morningstar Intermediate Core-Plus Bond category, achieving performance of 11.94 percent year to date as of July 31, 20201, and significantly outperforming the Barclays U.S. Aggregate Bond Index. In addition to the Total Return Bond Fund, Guggenheim Investments has received positive inflows across many of its Mutual Funds, which has amassed over $37 billion in total AUM as of Aug. 21, 2020.
About Guggenheim Investments
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, with more than $220 billion2 in total assets across fixed income, equity, and alternative strategies. We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, consultants, wealth managers, and high-net-worth investors. Our 300+ investment professionals perform rigorous research to understand market trends and identify undervalued opportunities in areas that are often complex and underfollowed. This approach to investment management has enabled us to deliver innovative strategies providing diversification opportunities and attractive long-term results.
About Guggenheim Partners
Guggenheim Partners is a global investment and advisory firm with more than $280 billion3 in assets under management. Across our three primary businesses of investment management, investment banking, and insurance services, we have a track record of delivering results through innovative solutions. With over 2,400 professionals based in offices around the world, our commitment is to advance the strategic interests of our clients and to deliver long-term results with excellence and integrity. We invite you to learn more about our expertise and values by visiting GuggenheimPartners.com and following us on Twitter at twitter.com/guggenheimptnrs.
