Dearborn Partners | Third River Focus Value Ranked “Top Guns” Small-Mid Cap Value Strategy By Informa
Chicago, Illinois (PRWEB) March 18, 2014 -- The Dearborn | Third River Focus Value strategy has been named to the 2-star, 3-star and 4-star top ten rankings in the small-mid value universe for periods ended 12/31/13 by Informa, one of the largest investment management databases. The strategy ranked #1 (out of 65) for the 1-year period, #4 (out of 65) for the 3-year period, and #3 (out of 65) for the three latest 3-year rolling periods all ending 12/31/13. The strategy ranked #4 (out of 65) for the 5-year annualized return.
“The strategy’s 5-year performance is something we would like to build on,” stated Portfolio Manager Kevin E. Silverman, CFA. “Our equity team of Mike Valencia, Jason Ryder and Blake Harper, and our approach to identifying undervalued stocks have been consistent for nearly a decade. Our holdings typically include undiscovered or underfollowed companies that are too small to attract much attention from Wall Street, allowing us to develop proprietary knowledge and an investment edge. This is the secret sauce that we believe drives alpha,” said Mr. Silverman, who brings over 30 years of equity experience to the strategy.
About Third River:
Third River is a division of Dearborn Partners, L.L.C., a Chicago-based, SEC-registered investment advisor. Third River offers institutional small-cap value investment strategies built around the core belief that a fundamental equity research team focusing in overlooked areas of the market can develop proprietary knowledge that drives excess return. Third River has internally developed intrinsic value estimates on hundreds of small-cap public equities and creates portfolios based on a risk-adjusted expected return approach that are benchmarked against the Russell 2000 Value Index. The company was founded in 2007, seeded by former partners of Harris Associates, L.P. and became a division of Dearborn Partners, L.L.C. in 2010. Past performance is not indicative of future results. Website: http://www.thirdrivercapital.com
About Informa:
PSN Informa is a service of Informa Investment Solutions(IIS), the investment industry’s leading premier provider of online applications and outsourced services, including data management and performance measurement. Ranking methodology is as follows:
2-Star Category: The peer groups were created using the information collected through the PSN manager questionnaire and used only gross-of-fee returns. PSN Top Guns investment managers must claim they are GIPS compliant. These top performers are strictly based on returns for the one-year period.
3-Star Category: The peer groups were created using the information collected through the PSN manager questionnaire and used only gross-of-fee returns. PSN Top Guns investment managers must claim they are GIPS compliant. These top performers are strictly based on returns for the three-year period.
4-Star Category: The peer groups were created using the information collected through the PSN manager questionnaire and used only gross-of-fee returns. PSN Top Guns investment managers must claim they are GIPS compliant. Products must have an R-Squared of 0.80 or greater relative to the style benchmark for the recent five-year period. Moreover, products must have returns greater than the style benchmark for the three latest 3-year rolling periods. The top ten returns for the latest three-year period then become the TOP GUNS.
Kevin Silverman, Third River Capital Management, http://www.thirdrivercapital.com, +1 312-628-6714, [email protected]
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