RMB Asset Management Launches New Global Strategy

Feb 8 2018 | 4:17pm ET

RMB Capital (RMB) announced that RMB Asset Management has launched a new global long/short financial strategy with Mendon Capital (Mendon) today.

The new strategy requires a minimum investment of $250,000 and is an extension of Mendon’s current U.S. financial strategy, which is also offered in two mutual fund vehicles, according to the firm in a press release.

Anton Schutz and Russell Echlov will serve as co-portfolio managers on the new global long/short strategy.

“We have capitalized on recapitalization and consolidation in the banking sector in the U.S., and this trend is also playing out on a global scale,” Echlov noted in a press release.

RMB Asset Management is an independent investment and advisory firm specializes in long-term, concentrated, active investing strategies. As of today, the firm has more than $9.3 billion in assets under management.

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