LOS ANGELES & LONDON--(BUSINESS WIRE)--Aristotle, which manages more than $14 billion* in assets, and St. James’s Place Wealth Management, today jointly announce that the St. James's Place North American Life Fund, which is managed by Aristotle Capital Management, received a 2017 United Kingdom Thomson Reuters Lipper Fund Award for best U.S. Equity Fund in the 3-year performance period ended December 31, 2016.
The Thomson Reuters Lipper Awards recognize funds and fund management firms for their consistently strong risk-adjusted three-, five- and ten-year performance relative to their peers, based on Lipper’s proprietary performance-based methodology.
The St. James’s Place North American Fund’s Portfolio Manager is Howard Gleicher, CFA, Chief Executive Officer and Chief Investment Officer of Aristotle Capital Management. Mr. Gleicher, a 32-year veteran in the investment management industry, has applied a similar investment philosophy and process to value equity strategies for more than two decades.
“We are pleased to be recognized for the results from our investment process which involves identifying what we believe are the best businesses in North America to invest in,” said Mr. Gleicher. “Our concentrated portfolio represents those businesses for which we have high conviction in their quality, value and long-term prospects. We always strive to be excellent stewards of capital for all our clients.”
Chris Ralph, Chief Investment Officer of St. James’s Place Wealth Management, stated, “We seek rigorous, disciplined investment processes for our clients. The Lipper Award is validation of our long-term investment approach and our process to identify talented investment managers from across the globe.”
Aristotle Capital Management has managed the St. James’s Place North American Fund since January 2004.
With offices in Los Angeles, Newport Beach, Boston and New York, Aristotle is a family of employee-owned investment management firms that, as of March 31, 2017, collectively managed more than $14 billion* across equity and fixed income strategies. Aristotle attracts and retains talented investment professionals through a culture focused on research, investment management and client success.
Aristotle’s experienced corporate leadership team oversees a centralized support infrastructure to ensure that our distinct teams of investment professionals are able to focus on what they do best—seeking to add value to client portfolios. The company’s support infrastructure includes shared services, such as trading, compliance, operations and distribution. Please visit www.aristotlecap.com for more information.
Aristotle Capital Management, LLC, Aristotle Credit Partners, LLC, Aristotle Capital Boston, LLC and Aristotle Atlantic Partners, LLC are affiliated organizations. Each is an independent investment adviser separately registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about each adviser, including investment strategies, fees and objectives, can be found in their respective Form ADV Part 2, which is available upon request.
*As of March 31, 2017, the assets under management for each Aristotle affiliate was as follows: Aristotle Capital Management, LLC $12,075.1 million; Aristotle Capital Boston, LLC $1,700.3 million; Aristotle Credit Partners, LLC $386.4 million; and Aristotle Atlantic Partners, LLC $26.4 million.
About St. James’s Place Wealth Management
With £75.3 billion of client funds under management as of December 31, 2016, the St. James’s Place Wealth Management Group specializes in the provision of face-to-face wealth management advice to individuals, trustees and businesses. We provide advice to clients based on their individual needs and circumstances, adapting our advice as requirements change over time to ensure that recommendations remain appropriate. For more information go to www.sjp.co.uk.
*Past performance is not indicative of future results. The rankings shown may not be representative of an individual client’s portfolio because it is based on composite performance of the advisor’s strategy and is not indicative of the adviser's future performance.
For more than three decades and in over 20 countries worldwide, the Thomson Reuters Lipper Fund Awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers. Renowned fund data and proprietary methodology is the foundation of the Award qualification. Individual classifications of three-, five-, and ten-year periods, as well as fund families with high average scores for the three-year period are recognized. Neither St. James’s Place Wealth Management nor Aristotle Capital Management LLC or any Aristotle affiliate, are affiliated with Thomson Reuters and did not pay to participate in the award selection process.
The general methodology for selection of winners relies on the following criteria:
- Funds registered for sale in the respective country as of the end of the calendar year of the respective evaluation year.
- At least 36 months of performance history as of the end of the calendar year of the respective evaluation year.
- Lipper Global classifications with at least 10 distinct portfolios based on the primary share class definition, excluding residual classifications, institutional and other non-retail funds, private, closed-end, exchange-traded, insurance, and linked funds. (Please see regional exceptions in Section 2 Specific Methodology Issues below.)
- Asset classes: equity, bond, mixed-asset, commodity, and alternatives. Absolute Return funds screen over all asset types except real estate.
The currency for the calculation corresponds to the currency of the country for which the awards are calculated and relies on monthly data. Classification averages are calculated with all eligible share classes for each eligible classification. The calculation periods extend over 36, 60, and 120 months. The highest Lipper Leader for Consistent Return (Effective Return) value within each eligible classification determines the fund classification winner over three, five, or ten years. For a detailed explanation, please review the Lipper Leaders methodology document on http://lipperalpha.financial.thomsonreuters.com/lipper/our-methodology/. Fund classification awards are given to the company that has the day-to-day responsibility of investing and monitoring the assets under management within the fund’s portfolio in order to achieve the investment objectives of the fund. This company is also referred to as a portfolio management company or investment advisor. The award goes to the fund management company in case that no such company has been appointed or several such companies share the task.
The opinions expressed herein are those of Aristotle Capital Management, LLC (Aristotle Capital) and St. James’s Place and are subject to change without notice. This material is not financial advice or an offer to purchase or sell any product. Aristotle Capital reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs.
Aristotle Capital is an independent investment adviser registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about Aristotle Capital, including our investment strategies, fees and objectives, can be found in our Form ADV Part 2, which is available upon request. ACML-17-406.