Lyrical Asset Management may fly under the radar of most value investors, but the managed account and 1940 Act Mutual Fund provider deserves at least some attention. For 2016 the asset manager’s U.S. Value Equity-EQ and U.S. Value Equity-CS composites produced gross returns of +16.0% (+15.1% net) and +16.3% (+14.9% net), respectively. Comparatively, the S&P 500 and Russell 1000 Value produced total returns of +12.0% and +17.3%, respectively. 73% of the composite index investments posted gains and 62% outperformed the S&P 500. Since inception, 83% of investments have posted gains and 67% have outperformed the S&P 500. Turnover for the…
Lyrical: The Best Active Managers Are Patient And ACTIVE
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk