Insights
Most read
See trending content on the markets, sectors and investing from across our core businesses: Global Investment Management, Capital Markets & Investment Banking and Advisory Services.
ExploreMeet Mesirow
And discover what drives our firm as we customize financial products and services to individual client needs—and invest in what matters
What we do
Responsibility
Voices
Spark
Our quarterly email featuring insights on markets, sectors and investing in what matters
* As of 9.30.22 unless otherwise noted. | 1. “Assets under supervision” includes regulatory assets under management; assets under advisement; and non-securities currency assets under management. For these purposes: (1) regulatory assets under management (“RAUM”) is calculated in accordance with Instruction 5A of Form ADV and includes all assets of securities portfolios (both discretionary and non-discretionary). (2) Some assets under advisement (“AUA”) are on a 45-to-90-day lag due to time needed to confirm away assets. (3) currency assets under management includes AUM associated with (i) active and passive currency risk management products $114.06 billion, (ii) non-fx overlay strategies such as equitization and beta overlays $658.56 million, and (iii) alpha strategies $33,491,356. In all such cases, AUM is calculated based on notional value of currency investments. Additionally, AUM for alpha strategies is adjusted because clients can select a volatility target (generally between 2% and 12% annualized), which is normalized to 2% in order to create a consistent depiction of alpha strategy AUM. This results in a “scaled” AUM, which is higher than the actual aggregate notional value of all alpha strategy portfolios if clients have selected a volatility target higher than 2%. As of 9.30.22, the “unscaled” AUM for alpha strategies was $6,032,254.
**Rankings and/or recognition by unaffiliated rating services and/or publications are not indicative of a firm’s future performance nor do they evaluate the quality of services provided to clients nor should they be construed as a current or past endorsement of Mesirow by any of its clients. Please see this page for important information.