Le Lézard
Classified in: Business
Subject: AWD

Kayne Anderson Rudnick Awarded 2018 U.S. Equity Small Cap Asset Manager of the Year


LOS ANGELES, June 19, 2018 /PRNewswire/ -- Envestnet and Investment Advisor magazine have named Kayne Anderson Rudnick (KAR) the 2018 Asset Manager of the Year in the U.S. Equity Small Cap or Mid Cap category for its Small Cap Sustainable Growth strategy.

Source: Josh Wilson Photography

The award, which was announced at the 2018 Envestnet Advisor Summit at the Ernest N. Morial Convention Center in New Orleans, recognizes best-in-class portfolio managers who outperform their peers. KAR also received the award for its Small Cap Sustainable Growth strategy in 2012 and 2017.

"KAR is honored for the second consecutive year to be recognized by Envestnet and Investment Advisor. This accolade is a testament to our commitment to providing our clients with a portfolio exclusively focused on the highest quality companies," said Doug Foreman, chief investment officer of KAR. "We are grateful to be recognized alongside some of the top asset management firms in our industry."

Co-managed by Todd Beiley and Jon Christensen, the KAR Small Cap Sustainable Growth strategy has a rigorous bottom-up approach that emphasizes deep fundamental research to invest in the highest quality small cap growth companies believed to be undervalued relative to their future growth potential.

"The outcome for success of KAR's Small Cap Sustainable Growth investment strategy emphasizes companies with a competitive advantage, strong management and low financial risk," said Beiley. "KAR looks for companies with a good underlying business, but with a stock price that doesn't accurately reflect its long-term potential."

To be eligible for the award, a manager's team must have at least three years of experience running a strategy with $200 million or more in assets. Managers must also report their products through Envestnet I PMC's Premium Research solutions, which serve as leading sources of investment-manager due diligence and research for advisors.

Beiley attended the Envestnet Advisor Summit and accepted the award on KAR's behalf. KAR will also be featured in the July 2018 issue of Investment Advisor as part of an article on the 14th Annual Asset Manager and Strategist of the Year Awards.

About Kayne Anderson Rudnick

Kayne Anderson Rudnick is an investment and wealth advisory firm founded in 1984 by John Anderson (a Forbes 400 member and the benefactor of UCLA's Anderson School of Management). Based in Los Angeles, the firm has $20.4 billion in assets under management. The company manages assets for corporations, endowments, foundations, public entities and high net worth individuals. With over 30 years of experience, the firm is known for its commitment to high quality in its business practices, investment strategies and wealth solutions.

CONTACT:     Catherine Drury
                        JConnelly
                        (646) 922-7773 
                        [email protected]

 

Kayne Anderson Rudnick is a boutique investment and wealth advisory firm founded in 1984 to manage capital for its founders, including John Anderson (a Forbes 400 billionaire and the benefactor of UCLA's Anderson School of Management). With offices in Los Angeles, San Francisco, Salt Lake City, Denver and Boston, the company manages assets for both high-net-worth and ultra-high-net-worth individuals as well as institutional clients.

SOURCE Kayne Anderson Rudnick


These press releases may also interest you

at 03:57
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of those who held the common stock of Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company as of the record date of March...

at 03:44
Bitrue, a leading cryptocurrency exchange serving over 10 million users globally, announces a focus on user behavior analysis to further develop the utility of its native token, Bitrue Coin (BTR). "Understanding how our users interact with BTR is...

at 03:04
Policybazaar, India's leading online insurance marketplace, is witnessing a significant increase in non-resident Indians (NRIs) choosing term insurance from India via its platform. This surge is driven by the unparalleled ease, affordability and...

at 02:00
C.K. McWhorter, chairman of the McWhorter Foundation, voices concerns over outdated perspectives in corporate leadership, exemplified by recent remarks from Nelson Peltz regarding Disney's film direction. After encountering instances of racism and...

at 02:00
OKX, a leading crypto exchange by trading volume and a leading Web3 technology company, has issued updates for March 29, 2024. OKX...

at 00:25
Shanghai Junshi Biosciences Co., Ltd ("Junshi Biosciences," HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced its financial...



News published on and distributed by: