(Initial announcement of US partnership)
American Beacon Advisors and its parent company, Resolute Investment Managers, continuously seek new opportunities to expand their suite of products available to investors. Following the strategic partnership announced earlier this year between Ninety One North America and Resolute, the firms see opportunity to build upon their joint successes.
As described in the filing by The Advisors’ Inner Circle Fund III, American Beacon Funds anticipates acquiring the three named funds following shareholder approval of the reorganizations and fulfillment of other customary conditions.
American Beacon Advisors will serve as the investment advisor and Ninety One North America will serve as sub-advisor to the acquired funds.
For more information, read the supplement to the prospectus.