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Westwood Trust Names Randall L. Root President

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By Business Wirevia The Motley Fool

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Westwood Trust Names Randall L. Root President

DALLAS–(BUSINESS WIRE)– Westwood Holdings Group, Inc. (NYSE: WHG) announced the appointment of Randall L. Root as President, Westwood Trust – Dallas. Randy previously served as Senior Vice President, Trust Investment Officer and has been a member of the Westwood Trust team for twenty years serving the investment needs of affluent individuals and families, local and national charitable endowments and foundations and corporate retirement plans.

Randy Root, President, Westwood Trust – Dallas (Photo: Business Wire)

Brian Casey, Westwood’s Chief Executive Officer, said, “Randy has been an indispensable member of the Westwood team for two decades. As President, he will lead Westwood Trust in its next phase of growth and ensure that our clients continue to receive the attentive service and customized investment solutions upon which we have built our reputation.”

Randy serves on the Advisory Council of the Dallas Foundation and is involved in numerous community service activities including Equest, Habitat for Humanity and The Stewpot. Randy was awarded an MBA from Southern Methodist University and a BS from Washington & Lee University.

About Westwood

Westwood Trust provides trust and custodial services and participation in self-sponsored common trust funds, including the Enhanced BalancedTM asset allocation strategy, to institutions and high net worth individuals and families.

Westwood Holdings Group, Inc., Westwood Trust‘s parent company, provides investment management services to institutional investors, private wealth clients and financial intermediaries. Westwood manages a variety of investment strategies including U.S., Global and Emerging Markets equities as well as income-oriented portfolios. Access to these strategies is available through separate accounts, commingled funds and the Westwood FundsTM family of mutual funds. Westwood has significant, broad-based employee ownership and trades on the New York Stock Exchange under the symbol “WHG.” Based in Dallas, Westwood also maintains offices in Omaha and Toronto.

For more information on Westwood, please visit our website at www.westwoodgroup.com.

For more information on the Westwood FundsTM, please visit www.westwoodfunds.com.

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Randy Root, …read more

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Westwood Introduces Emerging Markets and Global Equity Mutual Funds

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By Business Wirevia The Motley Fool

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Westwood Introduces Emerging Markets and Global Equity Mutual Funds

DALLAS–(BUSINESS WIRE)– Westwood Holdings Group, Inc. (NYS: WHG) today announced the availability of three new mutual funds focused on global and emerging market equities. The Westwood Emerging Markets Fund (Class I: WWEMX, Class A: WWEAX), Westwood Global Equity Fund (Class I: WWGEX) and Westwood Global Dividend Fund (Class I: WWGDX) are managed by Westwood’s global and emerging markets team led by Patricia Perez-Coutts and Thomas Pinto Basto. The new mutual funds provide investors access to the team’s experienced approach to uncovering investment opportunities in equity markets throughout the world.

“The launch of these new funds is in response to increasing investor demand for broader opportunities provided by global investing as well as exposure to faster growing emerging markets,” said Mark Dunbar, Westwood’s Senior Vice President of Marketing. “Patricia, Thomas and their multi-national investment team have worked together for years seeking to identify attractive investments within global and emerging markets. Investors in these mutual funds will benefit from the same investment expertise that the team utilizes in serving institutional clients.”

The funds will be managed utilizing independent, company specific research and an investment process that seeks to invest in securities of sound companies that are believed to be undervalued in the market. Key characteristics that the team looks for in evaluating an investment may include company management aligned with an Economic Value Added (“EVA”) philosophy, a strong business with core franchise value, above average cash flow generation and consistency of earnings growth. Fund shares may be purchased through investment advisors or directly from the fund.

About Westwood

Westwood Holdings Group, Inc. provides investment management services to institutional investors, private wealth clients and financial intermediaries. Westwood manages a variety of investment strategies including U.S., Global and Emerging Markets equities as well as income-oriented portfolios. Access to these strategies is available through separate accounts, commingled funds and the Westwood FundsTM family of mutual funds. Westwood has significant, broad-based employee ownership and trades on the New York Stock Exchange under the symbol “WHG.” Based in Dallas, Westwood also maintains offices in Omaha and Toronto.

For more information on Westwood, please visit our website at www.westwoodgroup.com.

For more information on the Westwood FundsTM, please contact Mark Dunbar at mdunbar@westwoodgroup.com or visit www.westwoodfunds.com.

Mutual fund investing involves risk, including possible …read more

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Westwood Income Opportunity Fund Surpasses $1 Billion in Assets

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By Business Wirevia The Motley Fool

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Westwood Income Opportunity Fund Surpasses $1 Billion in Assets

DALLAS–(BUSINESS WIRE)– Westwood Holdings Group, Inc. (NYSE: WHG) today announced that the Westwood Income Opportunity mutual fund has surpassed $1 billion in assets. Advisors and investors continue to demonstrate a strong appetite for the fund’s combination of current income, the opportunity for capital appreciation and potentially lower volatility delivered in a multi-asset fund.

Brian Casey, Westwood’s President & CEO, commented, “This is truly a remarkable achievement as only 6% of mutual funds have assets greater than $1 billion. I applaud the team effort of Mark Freeman, Chief Investment Officer and Senior Portfolio Manager; Todd Williams, Portfolio Manager; and our entire investment research department for delivering such high quality results in a tumultuous market environment. Achieving this milestone is the result of not just one good decision, but a series of good decisions.”

The Westwood Income Opportunity Fund invests in a diversified group of income-producing asset classes including dividend-paying common stock, preferred stock, convertible securities, government and corporate debt securities, money market instruments, royalty trusts, master limited partnerships (“MLPs”) and real estate investment trusts (“REITs”). The Fund is available in an institutional share class (WHGIX) and an A share class (WWIAX).

About Westwood

Westwood Holdings Group, Inc. provides investment management services to institutional investors, private wealth clients and financial intermediaries. Westwood manages a variety of investment strategies including U.S., Global, and Emerging Markets equities as well as income-oriented portfolios. Access to these strategies is available through separate accounts, commingled funds and the Westwood FundsTM family of mutual funds. Westwood has significant, broad-based employee ownership and trades on the New York Stock Exchange under the symbol “WHG.” Based in Dallas, Westwood also has offices in Omaha and Toronto.

For more information on Westwood, please visit www.westwoodgroup.com.

For more information on the Westwood Funds, please contact Mark Dunbar at mdunbar@westwoodgroup.com or visit www.westwoodfunds.com.

Mutual fund investing involves risk, including possible loss of principal. In addition to the normal risks associated with investing, bonds and bond funds are subject to interest rate risk and will decline in value as interest rates rise. High yield bonds are highly speculative and carry a greater degree of risk. REIT investments are subject to changes in economic conditions, credit risk and interest rate fluctuations. Additionally, investments in securities of MLPs involve risk that differ from investments in common stock including risks related to limited control and limited rights to vote on matters affecting the MLP. …read more
Source: FULL ARTICLE at DailyFinance