Spouting Rock takes stake in Glovista
The minority investment adds emerging markets expertise to Spouting Rock's multi-boutique mix.
Spouting Rock Asset Management, a Bryn Mawr, Pennsylvania-based multi-boutique asset manager with $3.1 billion in assets under management, has made a minority investment in Glovista Investments, a Jersey City, New Jersey-based investment manager with $568 million in AUM.
Glovista specializes in emerging market strategies across all asset classes.
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