Wasatch Funds rebranded as Wasatch Global Investors

TheShadow

Does this look a little similar to Grandeur Peak Global Advisors?

From Wasatch website:

https://www.wasatchglobal.com/wasatch-advisors-rebrands-as-wasatch-global-investors/

News / September 24, 2019

Wasatch Advisors Rebrands as Wasatch Global Investors

New branding better reflects the firm’s global investment management business


Salt Lake City, Utah, September 24, 2019—Independent investment manager Wasatch Advisors has rebranded as Wasatch Global Investors, the firm announced today. There are no changes in ownership, employees, philosophy or process.

“The name Wasatch Global Investors better reflects our global business and clearly expresses our 100% focus on investment management,” said Eric Bergeson, President. “Our roots are in U.S. small-cap investing, but our process has proven successful in identifying high-quality businesses of all sizes around the world. Today, almost half of our $18.5 billion in assets under management is invested in dedicated ex-U.S. and global strategies.”

Wasatch CEO and portfolio manager JB Taylor said, “Our new name highlights our heritage as long-term investors. Our advantage starts with our culture, and a long-term perspective is part of that. Our best ideas come from seeing future potential, not short-term opportunities for trading or speculation.”

Wasatch offers 16 strategies that span market caps and geographies. Across all of them, what most defines Wasatch’s approach is a collaborative culture that embraces unique and diverging viewpoints. Taylor said, “To get to our best ideas, we debate—sometimes fiercely—with a motto of disagreeing without being disagreeable. Our employees are diverse, curious, creative and, most importantly, a team.”

In conjunction with its name change, Wasatch Global Investors today unveiled new visual branding and launched a new website, wasatchglobal.com, serving both institutional and individual investors.

Wasatch’s team members bring a truly global perspective to investment management, having lived in 42 countries and speaking 23 languages. Last year, the team visited 23 countries performing intensive due diligence to find the highest-quality, long-duration growth companies in the world.


About Wasatch Global Investors
Wasatch Global Investors is a 100% employee-owned investment manager founded in 1975 and headquartered in Salt Lake City, Utah. Named after the nearby Wasatch Mountain Range, the firm brings unparalleled experience to U.S. and international micro-, small- and mid-cap investing with a culture that emphasizes collaboration, excellence and intellectual curiosity. Wasatch had $18.5 billion in assets under management as of June 30, 2019. Wasatch Global Investors is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. Learn more at wasatchglobal.com.

Charles

A lot of rebranding going around. At least Wasatch wants to keep its actual name.

BenWP

I suspect the "culture that emphasizes collaboration, excellence and intellectual curiosity" is the same culture as found at Grandeur Peak/Rondure. One of this culture's contributions was a highly successful winter Olympics in 2002, an event characterized by massive volunteer efforts by people who all subscribed to a similar world view and who all looked much the same.

Ted

@MFO Members: Their new website, Wasatch Global. Com
Regards,
Ted
https://www.wasatchglobal.com/

LewisBraham

I wonder if they're setting themselves up to be acquired. For foreign firms especially shopping around for boutiques to buy out, having "global" in your name might be more recognizable and appealing. Otherwise, I think it adds little to their brand value versus Grandeur Peak.