Strive Asset Management Exceeds $750 Million in AUM, 10 Months After Launch
Benzinga Strive's mission to lead companies to focus on excellence continues to resonate with investors, as Strive celebrates $750 million in AUM
Strive Asset Management ("Strive") announces that it has surpassed $750 million in total assets under management (AUM), less than ten months after the launch of its first fund.
While many asset managers are redefining the purpose of American for-profit corporations by advocating for a shift in priorities from shareholders to other stakeholders anyone potentially impacted by a corporation's actions Strive takes a different stance.
Strive is firmly committed to shareholder primacy and believes that the purpose of a for-profit company is to maximize long-term value for investors, which is shown through every decision the firm makes on its clients' behalf.
"If your asset manager is not 100% devoted to shareholder primacy as a firm, they are not a good fiduciary," notes Matt Cole, Strive's CEO and CIO. "Strive is unwavering in its dedication to advancing our clients' best financial interests by guiding companies to focus on excellence. It is this commitment that positions Strive ahead of industry norms. And we're just getting started."
