Perpetual and Barrow Hanley launch two mutual funds
DALLAS, December 29, 2021 / PRNewswire / – Perpetual and Barrow Hanley Global Investors (Barrow Hanley), a subsidiary of Perpetual Limited (ASX: PPT), today announced the launch of the Barrow Hanley International Value Fund (I Shares – BNIVX, Y Shares – BNIYX) and the Barrow Hanley Emerging Markets Value Fund (I Shares – BEMVX, Y Shares – BEMYX).
Along with the launch of the funds, this marks Perpetual’s entry as an SEC-registered investment advisor in the United States, enabling the company to offer future mutual funds, model delivery and managed accounts. separately to US advisers seeking first-class investment solutions for their clients.
As a dedicated value manager focused on fundamental analysis, Barrow Hanley pursues a strategy focused on valuation and strives to build a portfolio of stocks, selected on a bottom-up basis, which trade at levels below certain parameters. , such as price / earnings (on normalized earnings), price / book value, enterprise value / free cash flow, and enterprise value / sales ratios. The investment teams of both Funds use a two-step research process incorporating both quantitative and qualitative elements.
Chuck thompson, Head of Distribution and Corporate Strategy for Perpetual – Americas, said: “The launch of these funds serves two main purposes. It gives Perpetual our first US registered mutual funds and creates the foundation to launch additional vehicles for our affiliates as we expand distribution channels. “
Cory martin, President and CEO and Equity Portfolio Manager of Barrow Hanley, said: “The launch reflects a productive milestone in our partnership with Perpetual as we focus on building world-class investment capacity. The initiative expands Barrow Hanley’s reach to broader distribution channels and partners, and by leveraging Perpetual’s growing distribution capabilities, provides investment strategies with sustainable performance and additional benefits to the market and customers. “
the Barrow Hanley International Value Fund seeks to outperform the MSCI EAFE Index, while maintaining lower risk by using a consistent and repeatable process to identify international companies across the spectrum of market capitalizations in order to exploit inefficiencies resulting in a diversified portfolio. The Fund invests primarily in common stocks and US certificates of deposit (“ADR”) and will be managed by Rand Wrighton, Jr., CFA, Senior Managing Director, Equity Portfolio Manager and Analyst, TJ Carter, CFA, CPA, Managing Director, Equity Portfolio Manager and Analyst, and Patrik Wibom, director, portfolio manager and analyst.
the Barrow Hanley Emerging Markets Value Fund seeks long-term capital appreciation and consistent dividend income. The Fund invests at least 80% of its net assets in securities of companies based in emerging countries. The Fund is managed by Rand Wrighton, Jr., CFA, Senior Managing Director, Equity Portfolio Manager and Analyst, Sherry zhang, CFA, Managing Director, Equity Portfolio Manager and Analyst, and David feygenson, director, equity portfolio manager and analyst.
Perpetual US Services LLC acts as investment advisor to the Fund. Barrow Hanley acts as the Fund’s investment sub-advisor and is responsible for the management of the Fund’s securities portfolio.
The Emerging Markets Value Fund carries a high level of risk and may not be suitable for everyone. The returns of the Funds will vary and you could lose money by investing in the Funds. International investing involves special risk considerations, including currency fluctuations, lower liquidity, as well as economic and political risks. Investing in emerging markets may increase these risks, including higher volatility and lower liquidity. Securities of companies in emerging markets may be subject to greater volatility and less liquidity than companies in more developed markets. Investing in small and mid-capitalization companies involves special risks, including higher volatility and lower liquidity. Small and mid-cap stocks are also more sensitive to buy / sell transactions and to changes in the issuer’s financial situation. The International Value Fund invests most of its assets in equity securities of international value companies where the main risk is that the securities will not be profitable if the market does not recognize their intrinsic value or if the portfolio manager is in trouble. evaluated this value. Currency rates can fluctuate dramatically over short periods of time and reduce the returns of a portfolio. Diversification does not guarantee against losses.
Please carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. This and other information is contained in the prospectus and the summary of the prospectus of the Fund, which you can obtain by calling + 1-866-778-6397. Read the prospectus and summary prospectus carefully before investing. The investment includes the risk of loss.
Distributed by SEI Investment Distribution Co., member of FINRA / SIPC; not affiliated with Perpetual Asset Management (Americas) or Barrow Hanley Global Investors.
About Barrow Hanley
Barrow Hanley is a diversified investment management firm providing value-driven investment strategies spanning global equities and fixed income securities. Recognized as one of the few remaining companies dedicated exclusively to value investing, Barrow Hanley enjoys a boutique culture with a singular focus on helping clients achieve their investment goals. Today, Barrow Hanley has approximately 100 employees, more than half of whom are investment professionals managing approximately $ 50 billion into assets for our valued clients. Barrow Hanley manages the capital of corporate, public, multi-employer pension plans, mutual funds, endowments and foundations, and sovereign wealth funds through North America, Europe, Asia, Australia, and Africa. For more information, please visit www.barrowhanley.com.
Perpetual Limited (ASX: PPT) is an ASX-listed, diversified financial services company serving clients since 1886. In our four businesses: Perpetual Asset Management Australia, Perpetual Asset Management International, Perpetual Corporate Trust and Perpetual Private, we We aim to protect and grow our clients’ wealth, knowing that by doing so, we can make a difference in their lives.
Our origin as a trust company, coupled with our strong track record in investment performance, has created our reputation as one of the strongest financial services brands in Canada. Australia.
Perpetual Asset Management International is a growing international division with a presence in Hong Kong, Great Britain, Europe and the United States. The division includes the activities of Trillium Asset Management (Trillium), an ESG investment specialist in the United States, as well as Barrow Hanley Global Investors (Barrow Hanley), a diversified investment management firm offering value-driven investment strategies spanning global equities, US equities and US fixed income securities.
For more information, visit www.perpetual.com.au.
SOURCE Barrow Hanley Global Investors