CHICAGO--(BUSINESS WIRE)--RMB Capital (“RMB”), an independent financial services firm with more than $4.3 billion in assets under management, announced that RMB Asset Management’s long/short U.S. financials equity strategy won in three categories at the annual Investors Choice Awards held in New York, including “Specialist Equity Fund – Long Term Performance.” The strategy, part of RMB Asset Management’s array of alternative offerings that complement its traditional investment strategies, also won “Specialist Equity Fund of 2015” and the coveted “Fund of the Year.”
“We’re thrilled about this recognition,” said Richard M. Burridge, Jr., RMB Capital’s founding partner, CEO, and chief investment officer, who attended the awards ceremony along with portfolio manager Anton Schutz and assistant portfolio manager Russell Echlov. “Anton and his team deserve a lot of credit for their skillful management of the strategy. And there are many others at RMB whose support allowed Anton and Russell to stay focused on investing and not be overly burdened with finance, operations, or compliance. So it was a real team effort.”
The awards were judged by a distinguished panel of institutional investors who took into account a set of qualitative criteria covering the investment process, risk management framework, and depth of research team, as well as a set of quantitative performance measures including annualized returns, volatility, and maximum drawdown.
“Receiving all three of these awards is a huge honor, but the one I am most proud of is our recognition for long-term performance,” said Schutz, who has been managing the strategy since its inception in 1996. “It’s a strong reflection on our fundamental research, our disciplined process, and our ability to consistently identify opportunities resulting from the consolidation trend among community banks.”
Widely regarded as a thought leader in the financial sector, Schutz is frequently interviewed by Bloomberg, Fox Business, and CNBC. He is also regularly quoted in Barron's, Bloomberg BusinessWeek, Investor's Business Daily, The New York Times, and The Wall Street Journal. Schutz is a graduate of Franklin and Marshall College, and he earned an MBA in finance from Fordham University. He is based in Rochester, N.Y., where RMB has established a satellite office.
RMB Asset Management’s alternative investment capabilities also include a long/short U.S. equities strategy, a long/short stressed-debt strategy, and an equity market neutral strategy.
ABOUT RMB ASSET MANAGEMENT
For both individual and institutional investors, RMB Asset Management offers fixed income, equity, and alternative investment strategies run by highly experienced portfolio managers. Underpinning the team’s long-term investment approach is a deep commitment to fundamental research, concentration within portfolios, and risk management.
ABOUT RMB CAPITAL
RMB Capital is an independent, diversified financial services firm. Its businesses include wealth management, asset management, and retirement plan consulting. RMB is headquartered in Chicago with offices in Denver, Jackson Hole, Wyo., and Washington, D.C., as well as several satellite locations. To learn more about RMB Capital, visit www.rmbcap.com.
