Berkshire Global Advisors client Raymond James acquires Cougar Global Investments
Founded in 1993, Cougar Global is a global asset-allocation ETF strategist that markets its investment services to high-net-worth individuals, families, foundations, trusts and institutions in Canada and the United States. Cougar Global’s proprietary investment process constructs globally diversified portfolios designed to perform in accordance with clients’ investment objectives. The firm’s investment process employs a downside-risk-management methodology and tactical-asset allocation to protect clients’ assets in down markets.
Raymond James Financial, Inc. is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. Its subsidiaries have approximately 6,300 financial advisors serving in excess of 2.6 million client accounts in more than 2,600 locations throughout the United States, Canada and overseas.
Raymond James Financial, Inc. announced that it had reached a definitive agreement to acquire Cougar Global Investments Ltd., a Toronto, Canada-based asset manager. As a result of this transaction, Raymond James’ wholly owned subsidiary Eagle Asset Management expects to offer Cougar’s global asset allocation strategies to Eagle clients worldwide.