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Scout Investments Hires Toby Cromwell As Head Of Institutional Distribution And Client Service

Scout Investments, Inc. (Scout) announced that it has hired Toby Cromwell as Head of Institutional Distribution and Client Service. In his role, Cromwell will be responsible for leading the firm's global institutional and sub-advisory distribution business, including consultant and client relationship management.

“Toby has a proven track record within the institutional asset management industry, and we are excited to welcome him to Scout,” said Andy Iseman, chief executive officer of Scout Investments.

Cromwell brings 27 years of industry experience with specific expertise in global consultant relations, institutional sales and client service across an array of equity and fixed income strategies.

Prior to joining Scout, Cromwell spent six years with Columbia Management spearheading the institutional defined contribution investment only strategy, focusing on consultant relations and business development. Before that, Cromwell was with Ashfield Capital Partners, LLC, where he oversaw institutional marketing, sales, and consultant relations. Previously, he was part of Robeco Investment Management's consultant relations team and also led the institutional marketing, sales, and client service efforts for Transamerica Investment Mgmt, LLC. He also held a senior sales position at Invesco Institutional.

“Hiring Toby demonstrates our strategic commitment to continue growing Scout’s institutional business with a strong and experienced leadership team,” said Iseman.

About Scout Investments

Scout Investments, Inc. headquartered in Kansas City, Mo., manages $25 billion in equity and fixed income investment strategies for institutions and individual investors through separate accounts and mutual funds. Domestic large-cap, mid-cap, small-cap, international, international small/mid-cap, emerging markets and global equity portfolios are offered through Scout Investments. Fixed income portfolios in core plus, core, intermediate, long duration, low duration and unconstrained are offered through Scout’s fixed income division, Reams Asset Management. Scout is the investment subsidiary of UMB Financial Corporation (NASDAQ: UMBF). Additional information can be found at scoutinv.com .

SCOUT, SCOUT INVESTMENTS, SEE FURTHER, the Scout design, and the Ribbon design – Reg. U.S. Tm. Off.

NOT FDIC INSURED – NO BANK GUARANTEE – MAY LOSE VALUE

Copyright Business Wire 2010

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