aim constellation fund history

aim constellation fund history插图

1990s
AIM’s success grew in the1990swith an alliance with CIGNA funds group and the founders holding true to two basic requirements in investment management.

What is the constellation fund?

The Constellation Fund is designed to do just that. The Constellation Fund has a growing staff of individuals committed to identifying and investing in the most impactful poverty-fighting assets in the Twin Cities.

What is the significance of the constellations in philanthropy?

There are two essential aspects to the constellations that we see in the night sky: the astrology and the astronomy or, to put it plainly, the stories and the science. Both of these elements carry fundamental truths that are key to truly understanding the significance of the stars. The same is true for philanthropy.

What is the constellation impact Council?

The Constellation Impact Council supports the continuous development and improvement of Constellation’s evidence-driven evaluation framework, helping to ensure that best-in-class metrics are used to bolster our grantmaking.

Does constellation give unrestricted grants?

Unrestricted Support. Once the most promising, results-driven organizations in our community have been identified, Constellation supports them with grants, usually of unrestricted funding. This is a rare form of capital in the philanthropic sector that allows the best organizations to grow their impact purposefully.

What is the Constellation Fund?

Constellation Fund – Finding the stars and connecting the dots in the fight against poverty in the Twin Cities.

What is Constellation decision making?

Central to Constellation’s decision making is a rigorous, evidence-driven process to identify the most promising nonprofits. We do this data- and research-heavy work so our donors don’t have to.

Does Constellation support grants?

Once the most promising, results-driven organizations in our community have been identified, Constellation supports them with grants, usually of unrestricted funding, allowing them to grow their impact purposefully.

Is Twin Cities a philanthropic community?

Fact: The Twin Cities is one of the most generous phi lanthropic communities in the country.

What is stupid investment of the week?

Stupid Investment of the Week showcases the traits and conditions that make a security less than ideal for the average consumer, and is written in the hope that spotlighting trouble in one situation will make it easier for readers to find similar problems elsewhere. It might seem odd to pick on Constellation, what with five funds that are clearly worse available in Patrice’s retirement plan.

Does Constellation hold stocks?

One other note about Constellation: the fund tends to hold both mid- and large-cap stocks, which makes it a potentially frustrating choice for an investor like Patrice, who sees it as the only large-growth offering among her firm’s retirement-savings offerings.

Is Constellation a mutual fund?

Constellation is far from alone in being a run-of-the-mill fund offered in a retirement plan. In the mutual fund industry, performance sells; lacking superior results, fund companies rely on the distribution network and find ways to get their offerings into retirement plans, insurance products and more.

What is the constellation fund?

The Constellation Fund has a growing staff of individuals committed to identifying and investing in the most impactful poverty-fighting assets in the Twin Cities.

What is Constellation Impact Council?

The Constellation Impact Council supports the continuous development and improvement of Constellation’s evidence-driven evaluation framework, helping to ensure that best-in-class metrics are used to bolster our grantmaking.

How do we engender confidence?

We engender confidence by demonstrating consistent results.

What are the two aspects of the night sky?

There are two essential aspects to the constellations that we see in the night sky: the astrology and the astronomy or, to put it plainly, the stories and the science. Both of these elements carry fundamental truths that are key to truly understanding the significance of the stars. The same is true for philanthropy.

How much did Ted Bauer donate to the University of Houston?

TED BAUER DONATES $40 MILLION TO HOUSTON UNIVERSITY. On July 12, 2000, businessman Ted Bauer announced a $40 million donation to the University of Houston’s College of Business Administration. In recognition of his generosity, the college was renamed the C.T. Bauer College of Business.

What is AIM alumni?

The AIM Alumni Website is a private network to help you connect to former employees of the company. For thirty four years, millions of investors and their financial advisors knew the AIM name as one they could rely on. Their trust was earned from a firm that was built upon a unique culture, and whose leaders empowered employees from an unwavering view that “People Are the Product”. AIM’s success was recognized within the industry in many instances such as The Best Fund Family of the decade of the 90’s, by Barron’s. Some of the best memories we have from our time at AIM are from our exceptional coworkers. From a firm with such a strong employee identity, it seemed only fitting to establish a private alumni network. We hope you will enjoy its features as a way to help you keep in touch with your AIM alumni.

Who started AIM?

When AIM first began, Ted Bauer and Gary Crum occupied an empty office with not one dollar under management. With secure jobs at the Houston Insurance Company American General Capital Management Corporation, the founders were determined to leave and go out on their own. After scraping together the necessary seed money, they created three funds from scratch – but could not get any investors to bite. Ted Bauer recalls the founders sitting around looking at each other while things began slowly. The turning point came in 1980 when they launched a money market fund that was able to charge lower fees – by the end of its first year the fund had managed to pull in $2.5 billion. View the newspaper article

Fund Description

The fund invests primarily in equity securities of issuers of all market capitalizations. The principal type of equity securities in which the fund invests is common stock. The fund invests primarily in securities that are considered by the fund’s portfolio managers to have potential for earnings or revenue growth.

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

Ido Cohen

Ido Cohen is a portfolio manger for Invesco large-cap growth equity strategies and is lead manager for Invesco leisure products. He joined the company in 2010.

Erik J. Voss

Erik Voss is a portfolio manager for Invesco large-cap growth strategies. He joined the company in 2010. Prior to joining Invesco, Mr. Voss was a portfolio manager with J&W Seligman Investments focusing on growth equity portfolios.