Delaware Investments said Monday that it has adopted the name of its parent, Macquarie Investment Management, to better reflect the firm’s integrated global capabilities.
Macquarie Investment Management, headquartered in Philadelphia, had $257 billion in assets under management worldwide as of Dec. 31 and employs more than 500 people in the Americas.
It is a division of Macquarie Asset Management, a top 50 global asset manager, with $362 billion in assets under management as of Dec. 31.
Macquarie Group Ltd. acquired Delaware from Lincoln Financial Group in 2010. Lincoln Financial owned Delaware Investments from 1995 to 2010.