Touchstone Investments

What Touchstone Investments does

Touchstone Investments is a Cincinnati, Ohio-based asset management firm founded in 1994 that offers a focused lineup of 26 actively managed mutual funds and 10 actively managed ETFs across four asset classes: US Equity, International Equity, Multi-Asset, and Income. The firm operates a sub-advisory model, partnering with 14 institutional asset managers — including Ares Management, Sands Capital Management, Rockefeller & Co., Barrow Hanley, DSM Capital Partners, EARNEST Partners, Fort Washington, Los Angeles Capital, LSV, Sage Advisory, The London Company, Westfield Capital, Bramshill, and Leeward Investments — to manage individual funds while Touchstone oversees distribution, administration, and product positioning under its "Distinctively Active" brand.

Touchstone distributes exclusively through financial advisors, RIAs, consultants, and institutional investors via wholly-owned broker-dealer Touchstone Securities (for mutual funds) and Foreside Fund Services (for ETFs). The firm does not sell directly to retail investors; instead it supports advisors with dedicated phone lines, a Practice Management Consulting Program using its PAR methodology, and "The Whole Truth" podcast. Touchstone manages approximately $30 billion in assets under management and has received 10 consecutive years of LSEG Lipper Fund Awards for the Ares Credit Opportunities Fund and Non-US Equity Fund.

As a privately held subsidiary of Western & Southern Financial Group, Touchstone benefits from shared infrastructure with affiliated insurance and wealth brands but generates revenue primarily through management fees on its AUM. Recent strategic moves include SEC approval of dual share class structures (first offering expected H2 2027), adoption of Bloomberg Equity Indices across the fund complex, distribution on the SMArtX Advisory Solutions Manager Marketplace, and continued expansion of the active ETF shelf. The firm does not publicly disclose fee schedules, revenue, or AUM growth metrics.

Name

Touchstone Investments

Legal name

Touchstone Investments

Website

https://touchstoneinvestments.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

101–250 employees

Short description

Touchstone Investments is a Cincinnati-based asset manager offering actively managed mutual funds and ETFs sub-advised by 14 institutional managers. A subsidiary of Western & Southern Financial Group, it distributes approximately $30 billion in AUM exclusively through financial advisors and institutional intermediaries.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Open-End Investment Funds (525910), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Target-Risk / Risk-Managed Allocation Funds (FSAAAEAG)

akta.pro secondary industry

Fixed Income ETFs (Government, Corporate, Munis, TIPS) (FSAAAFAD)

Keywords

• Actively managed mutual funds
• Exchange traded funds
• Asset management services
• Sub-advisory fund management
• Financial advisor distribution

Headquarters

HQ city

Cincinnati

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Mutual Fund Management Fees: Touchstone Investments generates revenue through management fees charged on its actively managed mutual funds and ETFs. The funds are sub-advised by institutional asset managers while Touchstone oversees distribution and administration. Revenue is based on assets under management with expense ratios varying by fund.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Touchstone Investments is a privately held asset management firm offering a focused lineup of 26 actively managed mutual funds and 10 actively managed ETFs across US Equity, International Equity, Multi-Asset, and Income asset classes. The funds are sub-advised by 14 institutional asset managers including Ares Management, Sands Capital, Rockefeller Capital Management, and Barrow Hanley. Touchstone manages approximately $30 billion in assets under management and distributes exclusively through financial advisors, RIAs, and institutional investors rather than directly to retail consumers.

Product overview

Touchstone Investments is an asset manager offering a platform of 26 actively managed mutual funds and 10 actively managed ETFs across four core asset classes: US Equity, International Equity, Multi-Asset, and Income. The platform operates through a sub-advisory model where Touchstone partners with 14 institutional asset managers including Ares Management, Barrow Hanley, DSM Capital Partners, Sands Capital Management, and Rockefeller Capital Management to manage the funds. Mutual funds are distributed by Touchstone Securities, LLC while ETFs are distributed by Foreside Fund Services LLC. The firm manages approximately $30 billion in assets under management and was recognized with 2026 LSEG Lipper Awards for the Touchstone Ares Credit Opportunities Fund and Touchstone Non-US Equity Fund.

Differentiator

Problem solved

Functional benefit

Products and services

• Active Bond Fund Actively managed mutual fund focused on investment grade fixed income securities.
• Ares Credit Opportunities Fund Mutual fund with high yield bond and stressed/distressed debt allocation, sub-advised by Ares Management Corporation. Recognized with 2026 LSEG Lipper Awards for 10-year performance in the Alternative Credit Focus Funds category.
• Balanced Fund Multi-asset mutual fund combining equity and fixed income investments for balanced risk-return profiles.
• Core Municipal Bond Fund Actively managed municipal bond mutual fund focused on tax-advantaged fixed income.
• Dividend Equity Fund Equity mutual fund focused on dividend-paying stocks with security selection in Information Technology and Consumer Staples sectors.
• Dynamic Large Cap Growth Fund Large cap growth equity mutual fund with dynamic sector allocation and growth-focused investment strategy.
• Flexible Income Fund Diversified fixed income mutual fund spanning corporate bonds, preferred stocks, and sovereign debt.
• Focused Fund Concentrated equity mutual fund with holdings across Information Technology, Energy, and Communication Services sectors.
• High Yield Fund High yield fixed income mutual fund with exposure to below-investment-grade corporate bonds.
• International Value Fund International equity mutual fund focused on a value-oriented investment approach.
• Large Cap Focused Fund Large cap equity mutual fund with concentrated portfolio and focused stock selection strategy.
• Large Cap Fund Large cap equity mutual fund benchmarked against the Russell 1000 Index with material sector positioning.
• Mid Cap Fund Mid cap equity mutual fund focused on high-quality, cash-generative mid-cap companies.
• Mid Cap Growth Fund Mid cap growth equity mutual fund with sector overweights in Industrials, Financials, and Energy.
• Mid Cap Value Fund Mid cap value mutual fund maintaining a value-driven approach focused on attractively valued companies.
• Non-US Equity Fund International equity mutual fund sub-advised by Rockefeller Capital Management, recognized for 10-year performance with a 2026 LSEG Lipper Award in the International Large-Cap Core classification.
• Sands Capital Emerging Markets Growth Fund Emerging markets growth equity mutual fund sub-advised by Sands Capital Management, focused on growth-oriented companies in developing economies.
• Sands Capital International Growth Equity Fund International growth equity mutual fund sub-advised by Sands Capital Management, investing in developed ex-U.S. markets.
• Sands Capital Select Growth Fund Select growth equity mutual fund sub-advised by Sands Capital Management with concentrated high-conviction positions.
• Small Cap Fund Small cap equity mutual fund focused on smaller capitalization companies.
• Small Cap Value Fund Small cap value equity mutual fund combining value and small cap investment strategies.
• Small Company Fund Small company equity mutual fund focused on smaller, potentially earlier-stage companies.
• Strategic Income Fund Strategic income mutual fund targeting 5.50-5.75 year duration with diversified fixed income exposure.
• Ultra Short Duration Fixed Income Fund Ultra short duration fixed income mutual fund emphasizing mortgage-backed and asset-backed securities with a low risk approach.
• US Quality Bond Fund Quality bond mutual fund focused on government bonds and higher quality securitized products.
• Value Fund Value-oriented equity mutual fund benchmarked against the Russell 1000 Value Index.
• Dividend Select ETF Actively managed ETF focused on dividend-paying equities in the US Equity asset class.
• Dynamic International ETF Actively managed international equity ETF with dynamic allocation approach.
• International Equity ETF Actively managed international equity ETF in the International Equity asset class.
• Large Company Growth ETF Actively managed US equity ETF focused on large company growth stocks.
• Sands Capital Emerging Markets ex-China Growth ETF Emerging markets growth ETF excluding China, sub-advised by Sands Capital Management.
• Sands Capital US Select Growth ETF US select growth ETF with concentrated high-conviction positions sub-advised by Sands Capital Management.
• Securitized Income ETF Actively managed income ETF focused on securitized fixed income securities.
• Strategic Income ETF Actively managed income ETF with strategic allocation across fixed income sectors.
• Ultra Short Income ETF Ultra short duration income ETF providing low-risk fixed income exposure.
• US Large Cap Focused ETF Actively managed US large cap equity ETF with focused stock selection strategy.
• Practice Management Consulting Program Customized PAR approach consulting program that has helped thousands of financial professionals improve efficiency, scalability, and service with measurable impact to their practices. Includes case studies, practice management modules, and The Whole Truth podcast.

Quantifiable outcome

• 10 years of consistent Lipper award recognition for Touchstone Ares Credit Opportunities Fund and Touchstone Non-US Equity Fund

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

18 partnerships are on record, tiered core and minor.

• Bloomberg IndicescoreTechnology or Integration · 8 June 2026Touchstone Investments has adopted Bloomberg Equity Indices as the new benchmarks for its mutual funds and ETFs, including Bloomberg US Domestic & US Domestic Style Indices and global benchmarks covering World ex US, Emerging Markets, and Developed Markets ex N. America. This adoption expands Touchstone's existing use of Bloomberg Fixed Income Indices, creating a more consistent cross-asset benchmarking framework based on transparent, rules-based methodologies.
• SMArtX Advisory SolutionsminorChannel Partner/ Reseller/ DistributorSMArtX Advisory Solutions expanded its Manager Marketplace to include investment strategies from Touchstone Investments, increasing its offerings to 2,600 strategies across 372 firms.
• Ares Capital Management II LLCcoreStrategic or Co-development PartnerAres Capital Management II LLC serves as sub-advisor for the Touchstone Ares Credit Opportunities Fund, which received 2026 LSEG Lipper Awards for 10-year performance.
• Sands Capital Management, LLCcoreStrategic or Co-development PartnerSands Capital Management sub-advises multiple Touchstone funds including the Sands Capital Emerging Markets Growth Fund, Sands Capital International Growth Equity Fund, and Sands Capital Select Growth Fund.
• Rockefeller & Co. LLCcoreStrategic or Co-development PartnerRockefeller & Co. LLC serves as sub-advisor for the Touchstone Non-US Equity Fund, which received 2026 LSEG Lipper Awards for 10-year performance.
• Barrow, Hanley, Mewhinney and Strauss, LLCcoreStrategic or Co-development PartnerBarrow, Hanley, Mewhinney and Strauss is one of Touchstone's institutional sub-advisors, bringing value-oriented investment expertise to fund management.
• DSM Capital Partners, LLCcoreStrategic or Co-development PartnerDSM Capital Partners serves as sub-advisor for Touchstone funds, contributing growth-oriented investment strategies.
• EARNEST Partners, LLCcoreStrategic or Co-development PartnerEARNEST Partners is one of Touchstone's institutional sub-advisors contributing to the fund lineup.
• Fort Washington Investment Advisors, Inc.coreStrategic or Co-development PartnerFort Washington Investment Advisors, a member of Western & Southern Financial Group, serves as sub-advisor for Touchstone funds.
• Los Angeles Capital ManagementcoreStrategic or Co-development PartnerLos Angeles Capital Management provides quantitative and fundamental investment strategies as one of Touchstone's sub-advisors.
• LSV Asset ManagementcoreStrategic or Co-development PartnerLSV Asset Management contributes value-oriented investment strategies as a Touchstone sub-advisor.
• Sage Advisory Services, Ltd. Co.coreStrategic or Co-development PartnerSage Advisory Services provides fixed income and multi-asset investment expertise as a Touchstone sub-advisor.
• The London CompanycoreStrategic or Co-development PartnerThe London Company serves as sub-advisor for Touchstone funds, contributing high-quality equity strategies.
• Westfield Capital Management Company, L.P.coreStrategic or Co-development PartnerWestfield Capital Management Company provides growth-oriented equity strategies as a Touchstone sub-advisor.
• Bramshill Investments, LLCcoreStrategic or Co-development PartnerBramshill Investments serves as sub-advisor for Touchstone funds, contributing fixed income and multi-asset investment strategies.
• Leeward Investments, LLCcoreStrategic or Co-development PartnerLeeward Investments is one of Touchstone's institutional sub-advisors.
• Touchstone Securities, LLCcoreChannel Partner/ Reseller/ DistributorTouchstone Securities, LLC is the registered broker-dealer and member of FINRA/SIPC that distributes Touchstone mutual funds.
• Foreside Fund Services LLCcoreChannel Partner/ Reseller/ DistributorForeside Fund Services LLC is the registered broker-dealer and member of FINRA that distributes Touchstone ETFs.

Scale indicators2 records

Recent moves3 records

Expansion highlights5 records

Broad incumbents

• Federated Hermes: Publicly traded asset manager offering actively managed mutual funds, ETFs, and managed accounts distributed through financial advisors and institutions — broader incumbent with overlapping active equity and fixed income product offerings.
• Natixis Investment Managers: Global multi-affiliate asset manager (subsidiary of Natixis) operating a federation of boutique active managers offering mutual funds and ETFs — comparable as a larger multi-boutique active fund platform with broader institutional and intermediary reach.
• Columbia Threadneedle Investments: Global asset manager offering actively managed mutual funds and ETFs through US financial advisors as part of Ameriprise Financial — comparable as a broader incumbent with overlapping active fund offerings distributed via the advisor channel.
• AB (AllianceBernstein): Publicly traded global asset manager offering actively managed mutual funds and ETFs distributed through financial advisors and institutions, with strong fixed income and equity capabilities — broader incumbent with comparable active fund lineup.

Direct peers

• Eaton Vance (Morgan Stanley Investment Management): Historically an independent active mutual fund manager acquired by Morgan Stanley, offering actively managed funds across equity, fixed income, and multi-asset via the advisor channel — directly comparable product set and distribution model.
• Victory Capital Holdings: Multi-boutique active asset manager that operates a federation model partnering with independent investment franchises to offer mutual funds and ETFs through advisors — closely analogous to Touchstone's sub-advisory platform model.
• American Century Investments: Privately held active asset manager offering mutual funds and ETFs distributed primarily through financial advisors and intermediaries, with a similar mid-to-large AUM scale and active management focus — directly comparable as a US advisor-channel active fund platform.
• Lord, Abbett & Co. Privately held US active asset manager with a mutual fund and ETF lineup distributed through financial advisors and intermediaries, similar multi-asset class coverage and advisor-focused distribution model — closely comparable to Touchstone.
• John Hancock Investment Management: Active mutual fund and ETF provider owned by Manulife, distributing through financial advisors with multi-manager sub-advisory relationships — comparable as a parent-backed advisor-focused active fund platform.
• Hartford Funds: Mutual fund and ETF provider operating as a subsidiary of The Hartford, distributing actively managed funds through financial advisors and intermediaries — comparable as an advisor-channel multi-boutique active fund platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/touchstone-investments

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Touchstone Investments