Dallas/Fort Worth Minority Supplier Development Council Certifies American Beacon Advisors as a Minority Business Enterprise

FORT WORTH, Texas, April 20 /PRNewswire/ -- American Beacon Advisors, Inc. ("American Beacon"), a provider of investment advisory services to institutional and retail markets since 1986, said today that the firm has been certified as a Minority Business Enterprise (MBE) by the Dallas/Fort Worth Minority Supplier Development Council (D/FW MSDC), an affiliate of the National Minority Supplier Development Council.

With more than $44.5 billion in assets under management as of March 31, 2010, American Beacon is the largest minority owned investment management firm in the country.  American Beacon was created by AMR Corporation initially to manage the pension funds and corporate cash of American Airlines, Inc. It evolved to manage similar assets for outside clients. AMR sold a majority stake of the enterprise to Pharos Capital Group LLC in September 2008, with TPG Capital, another leading private investment firm, and AMR also retaining an ownership stake.

"We are pleased and proud of the corporate sponsorship we have created with AMR and look forward to working with TPG Capital to expand the service offering and distribution of a great investment platform, American Beacon," said Kneeland Youngblood, Managing Partner, Pharos Capital Group, LLC.    

Since 1986, American Beacon has offered a variety of products and services including mutual funds, corporate cash management and fixed income separate account management for corporations, institutions, and state and local government entities.

American Beacon manages the American Beacon Funds, a family of mutual funds. The fund family currently includes several investment options such as domestic equity, international equity, real estate, bond, and money market funds. American Beacon serves defined benefit plans, defined contribution plans, foundations, endowments, corporations and other institutional investors as well as retail clients.

"We welcome American Beacon as a newly certified MBE. We are pleased to see a company of this scale and significance among our MBE certified suppliers and we are hopeful that we will continue to see larger companies as certified MBEs in the future," said Margo J. Posey, President and CEO of the D/FW MSDC.

The D/FW MSDC is a privately funded, nonprofit, business organization, formed in 1973 by major corporations committed to fostering a business environment which promotes access and opportunity for minority-owned businesses.

To request more information, please contact Katrine Winther-Olesen at 973-400-1341 or [email protected].

You should consider the investment objectives, risks, charges and expenses of the American Beacon Funds carefully before investing. The Prospectus and Summary Prospectus, if available, contain this and additional information regarding the Funds. To obtain a Prospectus or Summary Prospectus, please contact your Financial Advisor, call 1-800-967-9009 or visit www.americanbeaconfunds.com.  The Prospectus and Summary Prospectus, if available, should be read carefully before investing.

Distributed by Foreside Fund Services, LLC.

American Beacon Funds is a service mark of American Beacon Advisors, Inc.

American Airlines, Inc. is not responsible for investments made in the Funds.

SOURCE American Beacon Advisors, Inc.