PHILADELPHIA--(BUSINESS WIRE)--Brandywine Global Investment Management, LLC (“Brandywine Global”) today announced that Avery Marie Sheffield has joined the firm as a research analyst on the Classic Large Cap Value team. Avery most recently was a senior research associate with Sanford C. Bernstein where she helped cover U.S. hardline retailers. At Brandywine Global, she will provide broad research support to the Classic Large Cap Value team in addition to maintaining a focus on U.S. retailers. Avery commented, “I’m excited to join the Classic Large Cap Value team at Brandywine Global. As industry colleagues, we have had the opportunity to interact in the past and I have no doubt this will be a good fit.”
Avery’s hire is the Classic Large Cap Value team’s third in less than three years and represents the firm’s continued commitment to strengthening internal research capabilities. Patrick Kaser, managing director and portfolio manager with Brandywine Global commented, “Avery brings tremendous data-modeling and management-interview skills, a wealth of company and industry knowledge, and an appreciation for behavioral finance concepts that we view as critical to maintaining a disciplined process.” Avery’s academic achievements include an MBA from Wharton and an undergraduate degree in Neuroscience, summa cum laude, from Pomona College.
The Classic Large Cap Value strategy strives to provide investors with excellent risk-adjusted performance by investing in undervalued common stocks identified through original research. The strategy employs an investment process based on a bottom-up fundamental approach with a top-down overlay to seek companies with the best combination of value, yield, quality, and earnings growth.
About Brandywine Global Investment Management, LLC
Founded in 1986, Brandywine Global is a mid-sized investment boutique, with more than $32 billion in assets under management as of June 30, 2011. With a strategic focus in value investing, the firm offers an array of equity, fixed income, and balanced investment portfolios. Brandywine Global is a wholly owned, independently operated subsidiary of Legg Mason, Inc. (NYSE: LM), headquartered in Philadelphia with satellite offices in Chicago and San Francisco. The firm’s two affiliated companies, Brandywine Global Investment Management (Asia) Pte Ltd. and Brandywine Global Investment Management (Europe) Limited, are located in Singapore and London, respectively. For more information, visit www.brandywineglobal.com.