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Hotchkis and Wiley Capital Management has managed capital for some of the world’s largest and most respected institutions for 30 years. We have been in the mutual fund business for over 24 years dating back to the launch of our Small Cap Value Fund in 1985. Hotchkis and Wiley Funds are managed with the same discipline as our institutional strategies. We overlay the timeless principles of our value-oriented investment philosophy with our research-intensive, team-driven process to exploit price anomalies in the marketplace. We fervently believe in the principles underpinning our strategies and as such, apply them consistently regardless of current market fads. We believe several basic factors distinguish our firm:
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