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Payden & Rygel is one of the largest independently-owned global investment management firms. We offer a full array of investment strategies and products, including equity, fixed-income and balanced portfolios as well as open-end mutual funds and offshore funds, to a varied client base around the world. While we have grown and expanded considerably since our inception, we remain committed to our mission of providing customized investment management services that focus on each client's specific needs and objectives.

  Established in 1983
  $50 billion in assets under management
  Headquartered in Los Angeles, California
  Offices in Los Angeles, Phoenix, London, Dublin, Frankfurt, and Tokyo
  Fully owned by 19 senior executives active in day-to-day management of the firm

Payden & Rygel was established in September of 1983 by Joan Payden and three associates, including Sandra Rygel, all of whom worked for Scudder, Stevens & Clark in Los Angeles. Before starting the firm, Joan Payden was the West Coast Managing Partner of Scudder, and had more than 20 years experience in the investment management industry. She used funds from her 401(k) plan to start the firm, with Ms. Rygel as the other shareholder. Rygel retired from the firm in 1992. Our business initially focused on corporate cash management, a specialty Joan Payden had developed at Scudder. Since inception, the firm's growth has been internally generated, with no reliance on outside capital.