Acadian Asset Management (or simply Acadian) is an American investment management company headquartered in Boston with additional offices in London, Singapore and Sydney.[1] The company is noted for its usage of Quantitative analysis and strategies when making investment decisions.[1][3][4][5][6]
Background
The company's predecessor, Acadian Financial Research, was founded in 1977 by Gary Bergstrom.[1][7] It managed investment strategies for the State Street Corporation.[1] In 1986, Acadian Asset Management was founded by Bergstrom, John Chisholm, Churchill Franklin, Ron Frashure to manage assets independently.[1][8] The company's name comes from the region, Acadia.[9]
In 1992, Acadian was acquired by United Asset Management.[11] In 2000, Acadian became a subsidiary of Old Mutual Asset Management (OMAN) after Old Mutual acquired United Asset Management.[7][9][12]
In March 2017, Acadian partnered with Microsoft to use its Bing predicts big data technology to support its investment decision making process.[15] However only several months later, it ended its partnership stating it had not found a way to turn social media data into useful signals for investments.[16]
In 2018, the direct parent of Acadian, Old Mutual Asset Management separated from Old Mutual and was rebranded to BrightSphere Investment Group.[2][17]
On January 1, 2025, BrightSphere Investment Group rebranded to Acadian Asset Management Inc.[18]
