We Succeed When Our Clients Succeed
Our clients tell us that what makes us stand out from other firms is a unique combination of independent ownership, team orientation, detailed research, deep experience, and our ability to deliver results. They choose us because we pursue opportunity based on the conviction of our research rather than on what is popular or is simply reflected in an index. We believe the key to earning our clients' trust is to stay true to the fundamental principles that define us.
The majority of Hotchkis & Wiley is owned by our employees. As an independent firm, we have the flexibility to make decisions based on sound investment principles and to do what is best for our clients. We add to our research team in years when others make cuts. We limit the amount of assets we manage to preserve investment flexibility. As the markets fluctuate, we have the autonomy and integrity to remain true to our style. Our independence is sustained by a culture of ownership and accountability that keeps us focused on doing what's required to deliver exceptional results to our clients.
We Work as a Team
Our investment team is a collection of 20 seasoned investment professionals, each with specific industry expertise. What makes our working style unique is that every team member plays a role in supporting each of our strategies — which means we have 20 expert perspectives informing each portfolio that we manage. Our sector teams scrutinize every investment decision to make sure nothing is overlooked and we share perspectives to ensure the decisions we make are fully informed, considered, and powered by our collective insight.
Research Permeates Everything We Do
Our research works. For over 35 years, we have been fine-tuning our research process so that it reveals opportunities for capturing value that others overlook and uncovers the true nature of risk that others misjudge. Our process involves quantifying a company’s value from multiple points of view so we can see beneath the assumptions that influence its short-term market valuation. By adhering to an intensely rigorous research process, we can spot the truths that not only reveal hidden gems, but keep us from running with the herd.
There’s No Substitute for Experience
The stability of our firm is reflected in the experience and tenure of our investment team — we average 21 years in the industry and 13 years with the firm. This means we have people who have lived through market upheavals, transformations, periods of euphoric growth, and times where it takes the combination of intelligence and instinct to deliver on expectations. Our team has the experience to navigate markets and position each portfolio — often against popular opinion — to better achieve long-term success.