LOS ANGELES--(BUSINESS WIRE)--Causeway Capital Management LLC ("Causeway"), an asset management firm specializing in global equity investing, today announced that the firm was awarded a Lipper Fund Award for 2013. The firm was named "Best Equity Small Fund Group," which is based on the historical risk-adjusted returns, relative to peers, achieved by its mutual funds for the three years ending December 31, 2012, among 166 fund families.
"The Causeway team is honored to receive this award from Lipper," said Sarah Ketterer, chief executive officer of Causeway. "The Causeway team works hard to provide our clients with superior risk-adjusted returns using fundamental and quantitative strategies that seek out value investments. This award recognizes that the Causeway fund family consistently provides value and performance to its shareholders."
Established in 2001, Los Angeles-based Causeway provides investment management services to corporations, pension plans, public retirement plans, Taft-Hartley pension plans, endowments and foundations, mutual funds, charities, private trusts, wrap fee programs, and other institutions. Causeway’s international and global value equity strategies use team-based, value-driven investment disciplines that combine in-depth research and analysis, active portfolio construction, and disciplined risk management. Causeway also manages a quantitative emerging markets equity strategy. The firm, wholly-owned by its employees, manages approximately $17 billion in total assets as of February 28, 2013. More information on Causeway’s strategies, and the firm’s investment philosophy and team is available online at www.causewaycap.com.
Lipper determined the fund group awards by averaging Lipper's three-year Consistent Return scores for all of the firm's funds within the asset class, and the eligible group with the lowest average decile rank received the award for that asset class. In case of a tie, the group with the lower average percentile rank received the award. Fund groups with at least five equity, five bond, or three mixed equity portfolios that received Consistent Return scores as of December 31, 2012, are eligible for a fund group award in the respective asset class. Lipper Small Company Group Awards are given in four categories Overall, Equity, Fixed Income and Mixed Asset. Small companies consisted of those fund families with assets under management of less than $41.5 billion. For more information on the Lipper methodology, visit www.lipperweb.com.
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. The Thomson Reuters Awards for Excellence also include the Extel Survey Awards, the StarMine Analyst Awards, and the StarMine Broker Rankings. For more information, please contact firstname.lastname@example.org or visit excellence.thomsonreuters.com.
This information should not be relied upon by the reader as research or investment advice regarding the funds, nor should it be construed as a recommendation to purchase.
To determine if a Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and other information can be found in the Fund's prospectus, which may be obtained by calling 1-866-947-7000. Read it carefully before investing.
Mutual fund investing involves risk, including possible loss of principal. In addition to the normal risks associated with equity investing, international investing may involve risk of capital loss from unfavorable fluctuations in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume.
There is no guarantee that the Causeway Funds will meet their stated objectives. The Funds are available to U.S. investors only. There is a 2% redemption fee on shares held less than 60 days to protect shareholders from short-term investors.
The Causeway Funds are distributed by SEI Investments Distribution Co. (SIDCO). SIDCO is not affiliated with Causeway Capital Management LLC.